Cabinet Decision
No. 63 of 2025
In Force
Cabinet Decision No. 63 of 2025 on the Unincorporated Partnership Treated as a Taxable Person
Preamble
The Cabinet:
- Having reviewed the Constitution,
- Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses, and its amendments,
- Pursuant to what was presented by the Minister of Finance and upon the approval of the Cabinet,
Decided:
Article 1 — Definitions #sec-1
Definitions in Federal Decree-Law No. 47 of 2022 referred to above shall apply to this Decision.
Article 2 — The Implications of Treating an Unincorporated Partnership as a Taxable Person in Its Own Right #sec-2
Where the Authority approves an application made by the partners in an Unincorporated Partnership under Clause (8) of Article (16) of Federal Decree-Law No. 47 of 2022 referred to above to treat the Unincorporated Partnership as a Taxable Person in its own right, the Unincorporated Partnership shall be considered a juridical person and a Resident Person for the purposes of the aforementioned Corporate Tax Law.
Article 3 — Publication and Application of the Decision #sec-3
This Decision shall be published in the Official Gazette and shall be effective from 1 June 2023.