Investment Funds and Investment Managers
This guide (CTGIFM1 of 2024) provides guidance on the UAE Corporate Tax treatment for investment funds, investors, and investments with the assistance of Investment Managers, and sets out the following:
- An overview of the meaning of Qualifying Investment Fund and Investment Manager,
- Conditions for a Qualifying Investment Fund to be exempt from Corporate Tax,
- Conditions for a Real Estate Investment Trust (“REIT”) to be exempt from Corporate Tax,
- Tax implications for an investor investing in a Qualifying Investment Fund,
- Conditions for a foreign person to benefit from the Investment Manager Exemption as specified under Article 15 of the Corporate Tax Law, and
- Relevant Corporate Tax compliance requirements for the above.
View the Document: Corporate Tax Guide | CTGIFM1 of 2024
Important Notice
The above extract has been provided for reference only and is based on information available in the public domain at the time of publication, which is subject to change. This does not constitute any form of advice or recommendation and therefore cannot be relied on to cover specific situations. We highly recommend that you consult with a qualified tax advisor in the UAE for personalized guidance based on your specific business circumstances. We accept no duty of care or liability for any loss occasioned to any person acting or refraining from action as a result of any material in this publication. Please refer to the following resources for the official and up-to-date information on the UAE Corporate Tax legal framework:- UAE Ministry of Finance: https://mof.gov.ae/tax-legislation/; and
- UAE Federal Tax Authority: https://tax.gov.ae/en/Legislation.aspx