This Decision specifies a temporary change to the exemption conditions for a Real Estate Investment Trust (REIT). It provides a targeted exception related to the percentage of shares that must be floated on a Recognised Stock Exchange. For a REIT whose shares are listed for the first time during the period from 1 May 2025 to 31 May 2025, the minimum floated shares requirement is reduced to 10%. This is a specific, time-limited exception to the general percentage specified in Cabinet Decision No. 34 of 2025.
This is not an Official Translation:
Conditions to Exempt Certain Real Estate Investment Trusts from Corporate Tax
Ministerial Decision No. 96 of 2025
Issued 14 Apr 2025 - (Effective from the date of Issuance)
Minister of State for Financial Affairs:
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