The UAE Ministry of Finance has posted an announcement on X on the issuance of Cabinet Decision No. (55) of 2025 on Exempting Certain Persons from Corporate Tax for the purposes of Federal Decree-Law No. (47) of 2022 on the Taxation of Corporations and Businesses. According to the Ministry, the Cabinet Decision expands the scope of corporate tax exemption to include foreign entities wholly owned by certain exempted entities, which aims to ensure equal tax treatment between local and foreign …