Concerning the Implementation of Federal Decree No. (9) of 2016 Ratifying the Agreement between the Government of the United Arab Emirates and the Government of the United States of America to Improve International Tax Compliance and to Implement the Foreign Account Tax Compliance Act (FATCA)

Having reviewed:

• The Constitution;

• Federal Law No. (1) of 1972 on the Competencies of Ministries and the Powers of Ministers, as amended;

• Federal Law No. (18) of 1981 Concerning the Organisation of Commercial Agencies, as amended;

• Federal Law No. (4) of 2000 Concerning the Emirates Securities and Commodities Authority, as amended;

• Federal Law No. (8) of 2004 Regarding Financial Free Zones;

• Federal Law No. (14) of 2016 on Administrative Violations and Penalties in the Federal Government;

• Federal Decree-Law No. (13) of 2016 establishing the Federal Tax Authority, as amended;

• Federal Decree-Law No. (14) of 2018 Concerning the Central Bank and the Organization of Financial Institutions and Activities, as amended;

• Federal Decree-Law No. (15) of 2018 Concerning the Collection of Revenues and Public Funds;

• Federal Decree No. (9) of 2016 Ratifying an Agreement between the Government of the United Arab Emirates and the Government of the United States of America to Improve International Tax Compliance and to Implement the Foreign Account Tax Compliance Act (FATCA);

And based on the proposal of the Minister of Finance and the approval by the Cabinet of Ministers,

Has Resolved: