CALX International

The Ministry of Finance has issued Cabinet Decisions 34 & 35 of 2025, effective for tax periods starting 1 January 2025.

The updates reshape the treatment of Qualifying Investment Funds (QIFs), Real Estate Investment Trusts (REITs), and Qualifying Limited Partnerships (QLPs), while also broadening the nexus rules for nonresident investors.

Key changes include: removal of old ownership/staffing conditions, new investor reporting duties, updated REIT listing & asset rules, and expanded taxation triggers for immovable property income.

Fund managers and investors must reassess ownership structures, dividend policies, and compliance processes to avoid unexpected liabilities.

📄 Read the official Cabinet Decisions on the Federal Tax Authority website:
[1.https://tax.gov.ae//Datafolder/Files/Legislation/2025/Cabinet-Decision-No-35-of-2025-on-Determination-of-a-Non-Resident-Persons-Nexus-in-the-State.pdf ]
[2.https://tax.gov.ae//Datafolder/Files/Legislation/2025/Cabinet-Decision-No-34-of-2025-0On-Qualifying-Investment-Funds-and-Qualifying-Limited-Partnerships.pdf ]