Cabinet Decision No. 63 of 2025 On the Joint Venture Being Treated as a Separate Taxable Entity for the Purposes of Federal Decree-Law No. 47 of 2022 On Taxation of Corporations and Businesses

The Cabinet

- Having reviewed the Constitution;

- Federal Decree-Law No. 47 of 2022 On Taxation of Corporations and Businesses, as amended;

- Upon the presentation of the Minister of Finance and the approval of the Cabinet

has decided:

Article 1 - Definitions

The definitions provided in the aforementioned Federal Decree-Law No. 47 of 2022 shall apply to this Decision.

Article 2 - Effects of Treating the Joint Venture as a Separate Taxable Entity 

In the event that the Authority approves the request submitted by the partners of the Joint Venture in accordance with Clause 8 of Article 16 of Federal Decree-Law No. 47 of 2022 to treat Joint Venture as a Separate Taxable Entity, the Joint Venture shall be considered a legal person and a resident person for the purposes of the Corporate Tax Law referred to herein.

Article 3 - Publication and Enforcement 

This Decision shall be published in the Official Gazette and shall be effective from June 1, 2023.

Mohammed bin Rashid Al Maktoum
Prime M...