Double Tax Avoidance Agreement (DTAA) - | Offshore Company Set Up | Business Set Up in Dubai | Company Formation in Dubai |

Since the UAE has no taxes, accordingly double taxation prevention treaties are aimed at making the UAE a more attractive territory in which to operate. Generally, under these treaties profits generated from shares, dividends, interest, royalties and fees are taxable only in the state where the income is earned according to mutually agreed terms and conditions. 

• To protect UAE investors from direct or indirect double taxation. 

• Investments to be taxed in the country of residence other than that country of source. 

• The U.A.E signed several bilateral agreements for avoidance and prevention of double taxation with most of its major trade partners.

ADVANTAGES

• Reduced Dividends Tax 
• Exempting Deposits from Tax 
• Exempting Capital gains from Tax 
• Exempting national air carriers and shipping companies working in international traffic from taxes and fees 
• Exempting Government Sector Establishments from Taxes on Dividends, Interest and Capital Gains 
• The Significance of the Tax Agreements to the Foreign Investor and the Investment funds 
• Impact of the Tax Agreements on attracting Foreign Investments and capital Movements

List of Double Taxation Avoidance Agreements: 

No	Country	Execution	No	Country	Execution
1	Egypt	26/3/1995	26	Armenia	29/12/2004
2	Algeria	28/11/2001	27	Tajikistan	29/01/2000
3	Yemen	25/8/2001	28	Mangolia	29/11/2002
4	Tunisia	24/2/1997	29	Azerbaijan	30/04/2007
5	Morocco	26/9/1999	30	Austria	27/04/2004
6	Sudan	28/11/2001	31	Poland	29/01/1994
7	Syria	11/6/2000	32	Germany	18/03/1996
8	Lebanon	25/10/1998	33	Finland	24/02/1997
9	Mozambique	04/05/2004	34	Italy	20/11/1995
10	Pakistan	29/01/1994	35	Czech	26/06/1997
11	India India (Protocole)	21/08/1993 04/09/2007	36	France	15/11/1989
12	Srilanka	04/05/2004	37	Belgium	26/06/1997
13	Philippine	29/12/2004	38	Romania	09/01/1996
14	Korea	04/05/2004	39	Turkey	29/01/1994
15	Singapore	17/06/1996	40	Luxemburg	07/05/2006
16	Indonesia	17/06/1996	41	Spain	13/08/2006
17	Thailand	12/11/2000	42	Malta	13/08/2006
18	Malaysia	17/06/1996	43	Bosnia & Herzegovia	30/04/2007
19	China	05/06/1994	44	Seychelles	06/02/2007
20	New Zealand	04/05/2004	45	Mauritius	20/06/2007
21	Ukrania	28/02/2004	46	Canada	07/01/2004
22	Belarus	02/01/2001	47	Uzbekistan	26/10/2007
23	Holand	29/11/2007	48	Greece
24	Bulgaria	22/01/2008	49	Kazakhistan
25	Turkmenistan	24/11/1999	50	Vietnam

Vithul V Murali MBA
Al Zaeim Corporate Services
Dubai Mobile : +971 50 55 73 538

Email  : Vithul@a2zconsultus.com

Skype : Vithul.murali