Cabinet Decision No. 142 of 2024 On the Imposition of Top-Up Tax on Multinational Organizations


The Cabinet


- After reviewing the Constitution, 

- Federal Law No. 1 of 1972 on the Competences of Ministries and the Powers of Ministers and its amendments,

- Federal Decree-Law No. 28 of 2022 on Tax Procedures, and its amendments, 

- Federal Decree-Law No. 47 of 2022 On the Taxation of Corporations and Businesses, and its amendments, 

- based on the presentation of the Minister of Finance and the approval of the Cabinet, 

has decided:

Article 1 - Imposition of the Top-Up Tax 

The Top-Up Tax shall be imposed on multinational organizations in accordance with the cases, terms, conditions, rules, controls and procedures listed in the Attachment.



Article 2 - Applicability of the Decision for Fiscal Years 

This Decision shall apply to fiscal years beginning on or after January 1, 2025.



Article 3 - Enforcement and Publication 

The provisions of this Decision shall enter into force from January 1, 2025 and shall be published in the Official Gazette.




Mohammed bin Rashid Al Maktoum 
Prime Minister 
Issued by us:
 On 30 Jumada al Thani 1446 AH 
Corresponding to 31 December 2024 AD