Law No. (19) of 2021
Amending
Law No. (2) of 1986 Concerning Business
Activities in the Jebel Ali Free Zone[1]
ـــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــ
We, Mohammed bin Rashid Al Maktoum, Ruler of
Dubai,
After perusal
of:
Law No. (2) of 1986 Concerning Business Activities in the Jebel Ali
Free Zone and its amendments (the “Original Law”),
Do hereby issue this Law.
Article (8) of the Original Law is hereby superseded by the
following:
Without prejudice to the tax legislation in force in the United Arab
Emirates, companies,
establishments, individuals, and workers operating in the Free Zone will be
subject to zero (0) tax rate for fifty (50) years from the effective date of
this Law. The said period will be renewable for the same period pursuant to a
resolution of the Ruler. The zero (0) tax rate will apply to:
1.
all taxes, including income tax, in relation to their operations
within the Free Zone; and
2.
taxes imposed on the transfer of assets, profits, salaries, or wages to any party outside of the Free
Zone.
Any provision in any other legislation is hereby repealed to the
extent that it contradicts the provisions of this Law.
This Law will be published in the Official Gazette and will come
into force on the day on which it is published.
Mohammed bin Rashid Al Maktoum
Ruler of Dubai
Issued in Dubai on 14 September 2021
Corresponding to 7 Safar 1443 A.H.
©2021 The Supreme Legislation
Committee in the Emirate of Dubai
[1]Every effort has
been made to produce an accurate and complete English version of this
legislation. However, for the purpose of its interpretation and application,
reference must be made to the original Arabic text. In case of conflict, the
Arabic text will prevail.