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UAE Cabinet Decision Establishes Additional Conditions for Qualifying Investment Funds Exempted from Tax

|Approved Changes|United Arab Emirates
United Arab Emirates

The UAE Ministry of Finance has announced the issuance of Cabinet Decision No. 81 of 2023 on additional conditions for qualifying investment funds, which may be exempted from tax under the new Corporate Tax Law.

Conditions to Exempt an Investment Fund from Corporate Tax Under the Corporate Tax Law

As provided under Article 10 of the Corporate tax Law, an investment fund may apply to the …

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