UAE Signs Another Double Taxation Avoidance Agreement

Double taxation happens when a person or company is taxed twice on the same income by two different countries. This can make international trade and investment harder by adding extra costs to goods, services, and technology.

In the UAE, public and private companies, investment firms, airlines, and residents can benefit from Double Taxation Avoidance Agreements (DTA). To support its economic goals, the UAE has signed 142 DTAs with many of its trading partners.

Recently, the UAE and Qatar signed a deal to prevent double taxation and avoid income tax evasion. This agreement was signed by Mohamed Hadi Al Hussaini, UAE’s Minister of State for Financial Affairs, and Ali bin Ahmed Al Kuwari, Qatar’s Minister of Finance, during the 121st GCC Financial and Economic Cooperation Committee meeting in Doha.

Here is a complete list of countries with which the UAE has signed double taxation avoidance agreements.