The UAE Ministry of Finance has released a ministerial decision officially designating Dubai’s Virtual Assets Regulatory Authority as a competent authority within the country’s corporate tax regime.
In a statement from Abu Dhabi, the ministry confirmed that Ministerial Decision No. 336 of 2025 revises the definition of “competent authority” outlined in Ministerial Decision No. 229 of 2025, which regulates qualifying and excluded activities under the corporate tax framework.
Under the new decision, the Virtual Assets Regulatory Authority, formed pursuant to Dubai Law No. 4 of 2022, is now included among the recognised authorities overseeing qualifying activities linked to fund management as well as wealth and investment management services.
The measure is consistent with Federal Decree-Law No. 47 of 2022 on the taxation of corporations and businesses, which establishes the basis for assessing taxable and qualifying income across different sectors.
According to the Ministry of Finance, the decision is intended to enhance clarity and predictability within the UAE’s tax and regulatory landscape, while ensuring stronger alignment between federal tax provisions and emirate-level regulatory bodies.
The ministry added that the amendment reinforces the UAE’s wider strategy to consolidate its standing as a leading global hub for financial and investment services, including fast-growing segments such as virtual assets.
