Corporate Tax Exempt Entities

We would like to remind you of the exempt entities under the corporate tax.

1. Automatically Exempt:
– Government Entities
No Corporate Tax registration required (unless the Person undertakes a taxable business)

2. Exempt if listed a Cabinet Decision and meeting relevant conditions:
– Government Controlled Entity (with their Mandated Activities)
No Corporate Tax registration required unless the Person undertakes a taxable business)

– Qualifying Public Benefit Entities
Registration required; from 1 October 2023

3. Exempt if notified to MoF, and meeting relevant conditions:
– Extractive Business
– Non-Extractive Natural Resource Business

No Corporate Tax registration required (unless the Person undertakes a taxable business)

4. Exempt after application to, and approval by, the FTA, and meeting relevant conditions:
– Qualifying Investment Funds
– Public or private pension and social security funds
– Wholly owned and controlled UAE
– Subsidiaries of certain Exempt Persons

Registration required; from of 1 June 2024; Application for exemption must be made within 60 business days of the end of the Tax Period.