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Ministerial Decision No. 230 of 2025 In Force

Ministerial Decision No. 230 of 2025 on Specification of Recognised Price Reporting Agencies

Issued 29 August 2025
Effective 1 June 2023
Implements Art. 18 (via MD 229/2025)

Source text

Preamble

Minister of State for Financial Affairs:

  • Having reviewed the Constitution,
  • Federal Law No. 1 of 1972 on the Competencies of Ministries and Powers of the Ministers, and its amendments,
  • Ministerial Decision No. 229 of 2025 Regarding Qualifying Activities and Excluded Activities for the Purposes of Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses,

Has decided:

Article 1 — Recognised Price Reporting Agencies #sec-1

The entities listed in the list attached to this Decision shall be considered recognised price reporting agencies for the purposes of Ministerial Decision No. 229 of 2025 referred to above.

Article 2 — Publication and Application of the Decision #sec-2

This Decision shall be published and be effective from 1 June 2023.

Schedule — Recognised Price Reporting Agencies #sec-schedule

# Agency
1S&P Global Commodity Insights (Platts & Fertecon)
2Argus Media
3ICIS (Independent Commodity Intelligence Services)
4OPIS (Oil Price Information Service)
5RIM Intelligence
6CRU Group
7Quantum Commodity Intelligence
8Fastmarkets
9General Index
10ICE (Intercontinental Exchange)
11MONTEL
12Spark Commodities
13Expana
Related on TaxTrace10
Corporate Tax Law
Federal Decree-Law No. 47 of 2022 Article 18 — Qualifying Free Zone Person
Related decisions and clarifications
Cabinet Decision No. 100 of 2023 — Qualifying Income for Free Zone PersonsSets conditions for a Free Zone Person to be treated as a Qualifying Free Zone Person.Cabinet Decision No. 55 of 2023 — Qualifying Income (Free Zone)(Repealed)Defines Qualifying Activities and Excluded Activities for Qualifying Free Zone Persons.Ministerial Decision No. 139 of 2023 — Qualifying & Excluded Activities(Repealed)Lists Qualifying Activities and Excluded Activities for Free Zone Persons, de minimis threshold of 5% or AED 5M.Ministerial Decision No. 265 of 2023 — Qualifying & Excluded Activities for Free Zone Persons(Repealed)Qualifying Activities and Excluded Activities for Free Zone Persons (replaced MD 139/2023).Ministerial Decision No. 229 of 2025 — Qualifying & Excluded ActivitiesLists the qualifying and excluded activities for Free Zone Persons, with the de minimis threshold and IP nexus rules.FTA Decision No. 6 of 2026 — QFZP Distribution Compliance ProceduresRequires QFZPs distributing goods in or from a Designated Zone to file an agreed-upon procedures (AUP) report on reseller and Designated Zone status.Public Clarification CTP008 — Family Wealth Management StructuresCT treatment of Family Foundations, holding vehicles, SFOs/MFOs, and family members in wealth management structures.Public Clarification TAXP010 — Free Zones & Designated ZonesExplains what counts as a Free Zone or Designated Zone separately under the Corporate Tax, Excise Tax and VAT Laws, and the key differences; a VAT Designated Zone is not automatically a Corporate Tax Designated Zone.
FTA has answered — FTA Private Clarifications Summary (May 2026)
Q A Qualifying Activity of trading in Qualifying Commodities requires a Quoted Price to exist for the commodities. Can the price of cash-settled derivatives of a commodity, specified by a Recognised Commodity Exchange Market, be referenced as a valid source of the Quoted Price?

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