Cabinet Decision No. 37 of 2023 Regarding the Qualifying Public Benefit Entities for the Purposes of Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses

The Cabinet: 

- Having reviewed the Constitution, 

- Federal Law No. 1 of 1972 on the Competencies of Ministries and Powers of the Ministers, and its amendments,  

- Federal Decree-Law No. 13 of 2016 on the Establishment of the Federal Tax Authority, and its amendments, 

- Federal Decree-Law No. 28 of 2022 on Tax Procedures, 

- Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses, 

- Pursuant to what was presented by the Minister of Finance and approved by the Cabinet,

Decided:

Article 1 — Definitions 

The terms and expressions in this Decision shall have the same meanings specified in the Federal Decree Law No. 47 of 2022 on the Taxation of Corporations and Businesses (referred to in this Decision as “Corporate Tax Law”) unless the context requires otherwise.

Article 2 — Qualifying Public Benefit Entities 

1. The entities specified in the schedule annexed to this Decision are considered Qualifying Public Benefit Entities for the purposes of the Corporate Tax Law.

2. Th...