Issuance of Executive Instructions for Decree 69: Comprehensive Tax Exemptions for Impacted Facilities
Issuance of Executive Instructions for Decree 69: Comprehensive Tax Exemptions for Impacted Facilities
The Syrian Minister of Finance has issued the executive instructions for Legislative Decree No. 69 of 2026. This decree grants exemptions from income tax and net profit taxes to economic facilities damaged due to military operations or acts of sabotage between March 15, 2011, and December 8, 2024.
Evaluation Committees and Deadlines
The instructions mandate the formation of specialized committees in each governorate. These committees will be headed by the Chief of the Revenue Department and include representatives from the Ministries of Justice, Local Administration, and Economy, as well as the Engineers' Syndicate and a real estate appraisal expert. Taxpayers have 120 days{C} from the publication date to apply for the exemption, with a possible 60-day extension{C}.{C}
Assessment Criteria{C}
To qualify, the damage to the facility's fixed assets must be at least 25%. Qualifying damage includes total or partial destruction of buildings, machinery, and equipment, while damage to commodity inventory and goods is excluded. Facilities that were repaired prior to the decree are also eligible, provided they submit documented repair contracts and invoices.
Exemption Schedule by Facility Type and Damage Percentage
The ministry defined the exemption rates and durations as follows:
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Commercial & Service Facilities: Exemptions ranging from 50% to 100% of net profits for a duration of one year, depending on the damage bracket (25% to 100%).
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Industrial & Tourism Facilities: Exemptions ranging from 50% to 100%, with longer durations starting from two years and up to four years for totally destroyed facilities.
Required Documentation
Applicants must submit a request accompanied by financial statements, a list of fixed assets, commercial or industrial registration, and official proof of damage (such as police reports or photographs).
This decree aims to support economic recovery and incentivize owners of damaged businesses to return to production by alleviating the tax burdens accumulated during the conflict years
4/5/2026
