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Levy Waiver for United Arab Emirates

Levy Waiver Template for United Arab Emirates

A UAE Levy Waiver document is a formal legal instrument that provides relief from specific governmental fees, charges, or levies imposed under UAE federal or emirate-level regulations. This document outlines the scope, conditions, and duration of the waiver, ensuring compliance with UAE tax procedures and relevant economic regulations. It serves as an official record of the authority's decision to exempt an entity from particular financial obligations, subject to specified terms and conditions.

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Levy Waiver

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What is a Levy Waiver?

The Levy Waiver document is essential in the UAE's regulatory framework where authorities may grant exemptions from certain fees or charges to support business growth, economic development, or specific policy objectives. This document becomes necessary when an entity seeks relief from statutory levies due to various circumstances such as economic incentives, special programs, or strategic government initiatives. The waiver must comply with UAE federal and local emirate laws, including Federal Law No. 7 of 2017 and relevant cabinet decisions. A properly structured Levy Waiver ensures legal protection for both the granting authority and the beneficiary while maintaining transparency in the exemption process.

What sections should be included in a Levy Waiver?

1. Parties: Identification of the authority granting the waiver and the beneficiary entity/individual receiving the waiver

2. Background: Context of the levy waiver request, including reference to relevant regulations and justification for the waiver

3. Definitions: Key terms used in the document, including specific types of levies, relevant time periods, and applicable regulations

4. Scope of Waiver: Detailed description of the specific levies being waived, including amounts, periods, and applicable activities

5. Terms and Conditions: Conditions that must be met for the waiver to remain valid, including any ongoing compliance requirements

6. Duration: Time period for which the waiver is valid, including start and end dates

7. Representations and Warranties: Statements by the beneficiary regarding their eligibility and compliance with waiver requirements

8. Termination: Circumstances under which the waiver may be revoked or terminated

9. Governing Law and Jurisdiction: Confirmation of UAE law application and relevant jurisdiction for disputes

What sections are optional to include in a Levy Waiver?

1. Reporting Requirements: Used when the waiver is conditional upon periodic reporting or documentation submission

2. Compliance Obligations: Include when specific ongoing compliance requirements must be met to maintain the waiver

3. Assignment: Include when there's a need to address whether the waiver can be transferred to another entity

4. Confidentiality: Include when sensitive commercial information is involved in the waiver arrangement

5. Force Majeure: Include when external circumstances might affect the conditions of the waiver

6. Notices: Include when formal communication procedures need to be established between parties

What schedules should be included in a Levy Waiver?

1. Schedule 1 - Details of Waived Levies: Detailed breakdown of all levies being waived, including specific amounts and calculation methods

2. Schedule 2 - Supporting Documentation: List of documents provided to support the waiver application

3. Schedule 3 - Compliance Requirements: Detailed checklist of ongoing compliance requirements and deadlines

4. Appendix A - Relevant Authority Approvals: Copies of official approvals or decisions granting the waiver

5. Appendix B - Original Levy Notifications: Copies of original levy assessments or notifications being waived

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Publisher

Ƶ

Document Type

Waiver

Cost

Free to use
Relevant legal definitions
























Clauses























Relevant Industries

Manufacturing

Trading

Real Estate

Financial Services

Healthcare

Education

Hospitality

Construction

Import/Export

Retail

Technology

Free Zone Operations

Relevant Teams

Legal

Finance

Compliance

Government Relations

Corporate Affairs

Tax

Treasury

Regulatory Affairs

Relevant Roles

Chief Financial Officer

Finance Director

Tax Manager

Legal Counsel

Compliance Officer

Financial Controller

Government Relations Manager

Regulatory Affairs Director

Business Development Manager

Corporate Secretary

Treasury Manager

Accounts Manager

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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