CT for Qualifying Public Benefit Entity
Distribution activities are recognized as a qualifying activity under the corporate tax UAE regulations. The latest guidelines on Corporate Tax in UAE Free Zones elaborate on qualifying activities, including distribution. …
A qualifying public benefit entity is an organization founded by private individuals, public agencies, or both to carry out socially beneficial activities, i.e., charity, culture, religion, or other public causes, …
According to the federal decree law no. 47 governing corporate tax in UAE, corporate tax will not apply to a “qualifying public benefit entity” in UAE. The legislation has put …
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