On 20 May 2024, the UAE Federal Tax Authority (FTA) published the Corporate Tax Guide on Free Zone Persons - CTGFZP1 (previous coverage). The purpose of the guide and who should read it are summarized as follows: --- Purpose of this guide This guide is designed to provide general guidance on the application of the Corporate Tax Law to Free Zones and Free Zone Persons. It provides readers with an overview of: the conditions required to be met for a Free Zone Person to be a Qualifying Free Zone Person ("QZFP") and benefit from the 0% Corporate Tax rate, and...