1
المادة 1
Article (1) Definitions The definitions set forth in the aforementioned Federal Decree by Law No. (47) of 2022 shall apply to this Resolution. In all other respects, the following terms and expressions shall have the meanings assigned to each of them, unless the context requires otherwise: International Sports Entity : A legal person, association, federation, council, committee, or other organization whose main purpose is the promotion, management, or development of one or more sports at the international or regional level, and which is concerned with organizing or coordinating such sports and is recognized by the Ministry of Sports, the Competent Authority, the International Olympic Committee, the International Paralympic Committee, the Olympic Council of Asia, or by any other committee or entity performing a similar function as may be specified in a decision issued by the Minister.
-- 1 of 4 --
Cabinet Resolution of 2026 Exempting Certain Sports Entities from Corporate Tax for the Purposes of Federal Decree by Law of 2022 Regarding Corporate and Business Tax 2 Sports Entity : A legal person that is wholly owned and wholly controlled, directly or indirectly, by an International Sports Entity, whose main purpose is the promotion, governance, or development of one or more sports, and which is recognized by, or registered with, the Ministry of Sports or the Competent Authority. Supporting Entity : A legal person that is wholly owned and wholly controlled, directly or indirectly, by an International Sports Entity and established for the exclusive purpose of carrying out supporting activities, including administrative or operational activities, for the activities conducted by such International Sports Entity or by a Sports Entity wholly owned and wholly controlled, directly or indirectly, by such International Sports Entity. Competent Authority : Any local authority concerned with the licensing, regulation, supervision, and oversight of Sports Entities and sports activities in accordance with Federal Law No. (4) of 2023 Regarding Sports. Corporate Tax Law : Federal Decree by Law No. (47) of 2022 Regarding Taxation of Corporations and Businesses, as amended.
