Ministerial Decision No. 105 of 2023 on the Determination of the Conditions under which a Person may Continue to be Deemed as an Exempt Person, or Cease to be Deemed as an Exempt Person from a Different Date for the Purposes of Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses

Minister of State for Financial Affairs: 

- 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,

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 referred to above (“Corporate Tax Law”) unless the context requires otherwise.  

Article 2 — Conditions of Deeming the Person as an Exempt Person in Case of Liquidation or Termination 

1. For the purposes of paragraph (a) of Clause (6) of Article 4 of the Corporate Tax Law, the Person may con...