Dubai May 31, 2023:

The Ministry of Finance has issued Ministerial Decision No (125) of 2023 on Tax Grouping for Corporate Tax.

The decision clarifies the conditions under which UAE resident entities that are 95% or more commonly owned can form or join a Tax Group and be treated as a single entity for Corporate Tax purposes.

Click here to view the document.

Click here to view details on other issued Minister Decisions.