Unified UAE Legislation Database

Cabinet of Ministers Decision No. 116 of 2022 on the annual Taxable Income subject to Corporate Tax

Status

In force

Issuing Authority

The UAE Cabinet

Effective date

XX.XX.XXXX

Official Link

https://

The Cabinet of Ministers:

- 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 Law No. 7 of 2017 on Tax Procedures, and its amendments,

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

- Cabinet Resolution No. 36 of 2017 issuing the Executive Regulations of Federal Law No. 7 of 2017 on Tax Procedures, and

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

Decided:

 

Article 1 — Definitions 

In the application of the provisions of this Decision, the following terms and expressions shall have the meanings assigned against each, unless the context otherwise requires: 

 

State: United Arab Emirates. 

 

Ministry: Ministry of Finance. 

 

Minister: Minister of Finance. 

 

Authority: Federal Tax Authority. 

 

Person: Any natural person or juridical person.  

 

Taxable Person: A Person subject to Corporate Tax in the State un...