The definitions stipulated in Federal Decree-Law No. (47) of 2022 Concerning the Corporate Tax shall be applicable to this Resolution; otherwise, the following terms and phrases shall have the meanings assigned to each, unless the context requires otherwise:
Permanent Domestic Establishment: The place of business or any other form of presence of the free zone qualifying person in the State outside the Free Zone.
Qualifying Activities: Any activities, designated pursuant to a resolution issued by the Minister, performed by a qualifying free zone person and from which a qualifying income is realized.
Excluded Activities: Any activities, designated pursuant to a resolution issued by the Minister, performed by a qualifying free zone person and from which a non-qualifying income is realized.
Non-Free Zone Person: Any person who is not residing in a Free Zone.
Qualifying Intellectual Property: Patents, copyrighted software, and any right functionally equivalent to a patent that is both legal protected and subject to a similar approval and registration process to a patent, such as utility models, intellectual property assets that grant protection to plants and genetic material, orphan drug designations, and extensions of patent protection, but not including any marketing related intellectual property assets, such as trademarks.
Patent: Any patent granted under the law regulating patents in the State or granted under the relevant law of a foreign jurisdiction.
Copyrighted Software: Any copyright subsisting in software granted under the law governing copyrights in the State or granted under the relevant law of a foreign jurisdiction.
Commercial Property: Immovable property or part thereof used exclusively for a Business or Business Activity and not used as a place of residence or accommodation including hotels, motels, bed and breakfast establishments, serviced apartments, and those of similar status.
Designated Zone: A designated zone according to what is stated in Federal Decree-Law No. (8) of 2017 on Value Added Tax, and which has been included as a Free Zone in accordance with the Corporate Tax Law.
Corporate Tax Law: Federal Decree-Law No. (47) of 2022.