Dubai Silicon Oasis is a geographically designated and defined area in the United Arab Emirates and is considered a qualified free zone for the purposes of the UAE Corporate Tax Law (Federal Decree-Law No. 47 of 2022 on Taxation of Corporations and Businesses and its amendments). This allows businesses operating in the Dubai Silicon Oasis Free Zone to benefit from a 0% Corporate Tax rate on qualifying income as specified by the relevant Corporate Tax Cabinet and Ministerial decisions. For more information on Corporate Tax Law, please refer to the website of the Ministry of Finance (English, Arabic).