Federal Decree-Law on Corporate and Business Tax, Free Zone Person incentive
In forceFederal Decree-Law No. 47 of 2022, Arts. 3, 18
Effective 2022-10-25 · Applies to private
Article 3(2) sets Corporate Tax on a Qualifying Free Zone Person at 0% on Qualifying Income and 9% on Taxable Income that is not Qualifying Income. Article 18 conditions Qualifying Free Zone Person status on the person maintaining actual and sufficient existence in the State, deriving Qualifying Income as specified by a Cabinet resolution, not having elected standard Corporate Tax treatment, and meeting the arm's-length and audited-accounts conditions of Articles 34 and 55.
The 0% treatment applies for the remainder of the tax-incentive period stated in the legislation of the Free Zone in which the person is registered, extendable by Cabinet resolution but never beyond fifty years from when it began.
The Decree-Law itself entered into force fifteen days after its Official Gazette publication on 10 October 2022, and Article 69 separately applies its substantive provisions, including the Free Zone Person rates, to tax periods commencing on or after 1 June 2023; a data-centre operator incorporated as a Free Zone Person, whether in the DIFC, the ADGM, or another UAE free zone, can qualify for the 0% rate on income meeting these conditions once its first such tax period begins.
Source: Full text of law