UAE Tax LawLaw No. (1) of 2018 Concerning the Knowledge Dirham Fee

Article (2) The following words and expressions, wherever mentioned in this Law, will have the meaning indicated opposite each of them unless the context implies otherwise: Emirate: The Emirate of Dubai. Government: The Government of Dubai. ©2018 The Supreme Legislation Committee in the Emirate of Dubai 1Every effort has b een made to produce an accurate and complete English version of this legislation. However, for the purpose of its interpretation and application, reference must b e made to the original Arabic text. In case of conflict, the Arab ic text will prevail.

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Law No. (1) of 2018 Concerning the Know ledge Dirham Fee Page 2 of 5 SFC: The Supreme Fiscal Committee in the Emirate of Dubai. DOF: The Department of Finance. Government Entity: Any of the Government departments; public agencies and corporations; Government councils and authorities, including the authorities supervising Special Development Zones and free zones, such as the Dubai International Financial Centre; or other entities affiliated to the Government. Revenue: Financial proceeds generated from the services provided and the activities conducted by a Government Entity. This includes fees, fines, sale proceeds, rent, proceeds from franchises, and proceeds from encashing guarantees. Knowledge Dirham Fee: The fee collected pursuant to the provisions of this Law. Objectives of the Law

Article (6) The Knowledge Dirham Fee will not be collected in respect of Revenues generated from: 1. the services and activities whose Revenue is less than fifty Dirhams (AED 50.00); 2. the tariffs and prices collected by Government Entities in return for the goods and services they provide; 3. the fiscal charges determined by the DOF; 4. the costs of medical treatment and healthcare services provided by the healthcare facilities affiliated to the Government; 5. traffic violations which are committed in the Emirate and whose prescribed fines are collected by any other emirate or by any Gulf Corporation Council state; 6. traffic violations which are committed in any other emirate or in any Gulf Corporation Council state and whose prescribed fines are collected by the concerned entities in the Emirate; 7. the services provided to Government Entities whose budgets are included in the General Budget of the Government; 8. the services that are exempt from fees; and 9. any other services or activities determined by the SFC upon the recommendation of the DOF. Rules for Collecting the Knowledge Dirham Fee

Article (7) a. The Knowledge Dirham Fee will be collected subject to the following rules:

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Law No. (1) of 2018 Concerning the Know ledge Dirham Fee Page 4 of 5 1. The Knowledge Dirham Fee will be collected in respect of the Revenue generated from any service or activity, including the Revenues generated from the fines imposed for acts constituting violations under the legislation in force in the Emirate. 2. Where a financial claim includes multiple Revenues generated from various services or activities that are provided or conducted through one or more steps, the Knowledge Dirham Fee will be collected in respect of each Revenue separately. 3. Where a financial claim includes multiple Revenues generated from various services or activities that are provided or conducted by more than one Government Entity, the Knowledge Dirham Fee will be collected in respect of each Revenue separately, whether these services or activities have been provided or conducted through a single window or by each entity separately. b. The Knowledge Dirham Fee will be collected upon collecting the relevant Revenue, whether through ordinary, electronic, or smart collection methods. Refund of the Knowledge Dirham Fee

Article (9) For purposes of this Law, the DOF must: 1. determine any dispute arising in connection with the Knowledge Dirham Fee, whether the dispute relates to the type of the Revenue to which the Knowledge Dirham Fee applies, or to collection methods and rules; 2. identify, upon reviewing the Annual Budget of the Government, the areas of investment of the proceeds of the Knowledge Dirham Fee, which must be allocated to supporting educational and cultural projects in the Emirate; 3. propose the Revenues to which the Knowledge Dirham Fee applies, and submit the relevant recommendations to the SFC for approval; and

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Law No. (1) of 2018 Concerning the Know ledge Dirham Fee Page 5 of 5 4. perform any other duties required for the implementation, and achievement of the objectives, of this Law. Depositing the Knowledge Dirham Fee