Is the administration's share, which is half of the profit, deducted when calculating the zakat of a commercial project, or is zakat calculated on the entire project without deducting this share?

If the aforementioned project is a Mudarabah (definition) contract, then Zakat (definition) is obligatory upon the capital owner for the principal and half of the profit after the completion of a full year (hawl), as is the madhhab (definition) of the Hanbalis. As for the Mudarib's share of the profit, Zakat is not obligatory upon him until after the distribution of the wealth and the termination of the contract, and he then begins a new year (hawl) with it.