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July 30, 2026

This decision outlines conditions for a person to continue or cease being exempt from Corporate Tax. A person may remain exempt during liquidation or termination, provided the Authority is notified within 20 business days. For temporary failure to meet exemption conditions, the person can apply to the Authority and must rectify the failure within a specified timeframe. A person ceases to be an Exempt Person from the date of failure if a main purpose was to obtain a Corporate Tax advantage inconsistent with the law's intent, as specified in Article 50 of the Corporate Tax Law.

This is not an Official Translation:

Determination of the Conditions under which a Person may Continue to be Deemed as an Exempt Person, or Cease to be Deemed as an Exempt Person from a Different Date for the Purposes of Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses

This is not an Official Translation:

Determination of the Conditions under which a Person may Continue to be Deemed as an Exempt Person, or Cease to be Deemed as an Exempt Person from a Different Date for the Purposes of Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses

Ministerial Decision No. 105 of 2023

Issued 4 May 2023 – (Effective on the date of publication in the Official Gazette)

[GTL Notes]