This decision outlines the conditions for an investment fund to be exempt from Corporate Tax as a 'Qualifying Investment Fund'. Conditions include conducting mainly Investment Business, being managed by an Investment Manager with at least three professionals, and ensuring investors lack control over day-to-day management. It also sets ownership diversity thresholds (e.g., a single investor owning no more than 30%/50% based on investor numbers). For REITs, additional conditions apply, such as having real estate assets over AED 100 million and being listed. It details how investor income is adjusted to include their share of fund income.