A decoupling control strategy of three‐phase inverter, which can realize complete decoupling of the active and reactive current in the synchronous reference frame (SRF) is proposed here. There are two coupling factors of current loop in SRF, one is time delay caused by digital control, and the other is AC filter. Dynamic time delay compensation is applied to eliminate coupling caused by the first factor. The phase of the bridge leg voltage can be predicted. The difference between it and the phase of reference voltage which takes part in pulse width modulation (PWM) is the dynamic compensation angle, which can compensate the time delay. High‐order feedforward compensation is applied to eliminate coupling caused by the second factor. Complex vector model of the LCL filter is derived and the high‐order coupling coefficients can be offset by feedforward compensation. The coupling characteristics and compensation principles are analysed in detail. The system stability is discussed. Finally, the simulation and experimental results are given to verify the theoretical analysis.