The Ministry of Finance issued Ministerial Resolution No. (43) of 2023 regarding the exemption from tax registration for the purposes of Federal Decree-Law No. (47) of 2022 on Corporate and Business Tax (Corporate Tax Law).
Except in certain cases, the ministerial decision was issued on the exemption from tax registration in accordance with the provisions of Section No.
The Ministerial Decision on Exemption from Tax Registration identifies categories of exemption from registration for corporate tax, as certain categories exempted from “corporate tax”, namely government companies and government-affiliated agencies, extractive businesses and non-extractive natural resource businesses that meet the conditions, are exempt from tax registration for the purposes of the Corporate Tax Act. , as defined under the Corporate Tax Act.
A non-resident person is exempt from registration for corporate tax only if he earns income in the state and has no permanent establishment in the state.
The categories exempted from tax registration such as the Central Government, UAE Governments, Departments, Authorities and other public entities and other categories mentioned above, are excluded from the exemptions mentioned in this decision in accordance with international best practices. Non-taxable, so these companies do not need to be registered with the Federal Tax Commission. , so long as it continues to fulfill the exemption conditions contained in the relevant articles of the Ordinance.
