UAE Central Bank and Financial Institutions Decree-Law

Article 49 — Article (49) Financial Exemptions

Part One: The Central Bank · Chapter Six: Institutional Provisions and Privileges

1. The Central Bank shall be exempt from taxes, fees, and expenses relating to the following: a. Its capital, reserves, Currency issuance, or income. b. Its contribution, shares, or profits originating from companies and establishments it owns part of its capital. 2. The Central Bank and the companies and establishments it owns the majority of its shares shall be exempt from Court fees and bail bonds required by law.

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