This Decision provided the initial implementing rules for the Participation Exemption under Article 23 of Federal Decree-Law No. 47 of 2022. It established core provisions, such as the definition of qualifying ownership interests, the 'subject to tax' condition requiring a minimum 9% tax rate, and an alternative AED 4 million minimum acquisition cost threshold to qualify. The Decision also outlined rules for holding companies and the treatment of related expenditures. It remains applicable only for tax periods that commenced before 1 January 2025, as it has been repealed and replaced by Ministerial Decision No. 302 of 2024.