The UAE Federal Tax Authority (FTA) has released a corporate tax guide for the free zone regime, stipulating that qualifying free zone persons are entitled to a 0% corporate tax rate on qualifying income and a 9% rate on other taxable income.

Previously, on 3 November, 2023, the UAE Ministry of Finance (MoF) released Cabinet Decision No. 100 of 2023, which outlines guidance for determining qualifying income, and Ministerial Decision No. 265 of 2023 on qualifying activities and excluded activities for purposes of the corporate tax exemption for free zones.