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Tax: UK/US/UAE/KSA/EU · UAE Corporate Tax & VAT · Card 023/032 medium

A Qualifying Free Zone Person (Company A) supplies specialized software services to another Free Zone Person (Company B) located in the same free zone. Under its contract with Company A, Company B has a legal and contractual obligation to recharge the exact cost of these services, without markup, to Company B's own mainland UAE customer, who receives and uses the software directly. Under Ministerial Decision No. 265 of 2023's 'Beneficial Recipient' requirement for Qualifying Income, does Company A's income from this arrangement qualify as income from a transaction with another Free Zone Person?

  1. Yes, because Company B is itself a Free Zone Person, and any transaction between two Free Zone Persons automatically qualifies as Qualifying Income regardless of how the recipient uses the services
  2. Yes, because the recharge is made at cost with no markup, and Ministerial Decision No. 265 of 2023 treats an at-cost recharge between Free Zone Persons as automatically satisfying the Beneficial Recipient test
  3. No, because Company B is not the Beneficial Recipient of the services -- it is contractually obligated to pass their benefit through to its mainland customer -- so the transaction is not treated as one with another Free Zone Person for Qualifying Income purposes, and Company A's income from it must instead be tested under the rules that apply as if the recipient were not a Free Zone Person
  4. No, because a Qualifying Free Zone Person can never derive Qualifying Income from providing services to another Free Zone Person, only from selling goods
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