Exempt Person

Definition

An Exempt Person is an entity that is not subject to UAE Corporate Tax under the law due to its nature or activities. These entities are legally exempt but may still need to register and file informational returns.


Key points


  • Includes government entities, extractive businesses, pension funds, and public benefit organizations.
  • Must meet FTA exemption conditions and maintain records.
  • Misuse of exemption can result in backdated tax liabilities.


Practical example

A government-owned transport company qualifies as an exempt person and is not required to pay corporate tax on its income.


Why it matters

Understanding exempt status ensures accurate registration and compliance with FTA Corporate Tax rules.

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