GTL Summary:

Cabinet Decision No. 74 of 2023 sets out the Executive Regulation for the Tax Procedures Law, establishing key legal definitions applicable throughout the regulation. Article 1 defines the 'Decree-Law' as Federal Decree-Law No. 28 of 2022. It clarifies that 'Premises' includes any place where a person conducts business or stores goods and records. Furthermore, 'Assets' are defined broadly to encompass tangible and intangible items, including equipment and machinery, that the Authority deems owned or used in connection with a business.

Document Type: ERS - Executive Regulations
Law: CIT (FDL No 47 of 2022, as amended)
Decision Number: executive-regulations-74-article-1
Year: 2023
Country: 🇦🇪 UAE
Official Name: Article 1 - Definitions
Last updated at: 2026-01-02 15:13:10 UTC

This is not an Official Translation:

On the Executive Regulation of Federal Decree-Law No. 28 of 2022 on Tax Procedures

Cabinet Decision No. 74 of 2023

Issued 10 July 2023 - (Effective from 1 Aug 2023)

[GTL Notes]

The Cabinet:

  • Having reviewed the Constitution,

  • Federal Law No. 1 of 1972 on the Competencies of the Ministries and Powers of the Ministers, and its amendments,

  • Federal Decree-Law No. 13 of 2016 on the Establishment of the Federal Tax Authority, and its amendments,

  • Federal Decree-Law No. 7 of 2017 on Excise Tax, and its amendments,

  • Federal Decree-Law No. 8 of 2017 on Value Added Tax, and its amendments,

  • Federal Decree-Law No. 28 of 2022 on Tax Procedures,

  • Cabinet Decision No. 37 of 2017 on the Executive Regulation of Federal Decree-Law No. 7 of 2017 on Excise Tax,

  • Cabinet Decision No. 52 of 2017 on the Executive Regulation of Federal Decree-Law No. 8 of 2017 on Value Added Tax, and its amendments,

  • Cabinet Decision No. 36 of 2017 on the Executive Regulation of Federal Law No. 7 of 2017 on Tax Procedures, and its amendments,

  • Based on what was presented by the Minister of Finance and approved by the Cabinet,

Has decided:

Article 1 - Definitions

The definitions of the Federal-Decree Law No. 28 of 2022 referred to above shall apply to this Decision, and the following words and expressions shall have the meanings assigned against each, unless the context otherwise requires:

Decree-Law

:

Federal Decree-Law No. 28 of 2022 on Tax Procedures.

Premises

:

The place of Business of the Person subject to Tax Audit, any other place in which it conducts his Business, or where it stores goods or records.

Assets

:

Tangible and intangible assets, including equipment, machinery, goods and others, which the Authority considers to be owned, leased or used in connection with the conduct of Business by any Person.

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