![]() Generally the listed excluded and qualifying activities shall have the meaning provided under the respective laws regulating these activities, unless otherwise prescribed. The distribution of goods in or from a designated zone subject to certain conditions. Headquarter and financing services to related parties įinancing and leasing of aircraft, logistics and Regulated reinsurance and fund /wealth management Manufacturing and processing of goods or materials Qualifying Activities include the following: Ownership or exploitation of immovable property, except for transactions with Free Zone Persons in relation to commercial property located in a Free Zone. Ownership or exploitation of intellectual property assets, and Regulated banking, finance, leasing and insurance activities Transactions with natural persons (subject to certain exceptions under Qualifying Activities related to shipping and aircrafts plus fund, wealth and investment management) Income derived from transactions with a Non-Free Zone Person, but only in respect of " Qualifying Activities" that are not Excluded Activities.Īny other income provided that the QFZP satisfies the de minimis requirements.Įxcluded Activities include the following: ![]() Income derived from transactions with other Free Zone Persons, except for income derived from “ Excluded Activities”. One of the most awaited topics was the definition of “ Qualifying Income” which has now been clarified to include: ![]() The UAE CT Law states that a Qualifying Free Zone Person (“QFZP”) will be taxed at the following rates:ĩ% (nine percent) on Taxable Income that is not Qualifying Income. ![]()
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