Russia ratified its new income and capital tax treaty with the UAE, which replaces the limited 2011 agreement.
Russia has enacted Federal Law No. 189-FZ on 7 July 2025. The law was published in the Official Gazette on the same day.
The treaty, signed on 17 February 2025. This treaty will replace the 2011 limited tax treaty, which primarily covered income and gains related to a Contracting State or its financial and investment institutions.
The treaty will enter into force upon the exchange of ratification instruments and will take effect on 1 January of the following calendar year.
Once effective, it will replace the existing 2011 agreement, which had limited scope and primarily applied to income or gains earned by a Contracting State or its financial and investment institutions.
Earlier, the Russian Federation Council approved the law ratifying the income and capital tax treaty with the UAE on 2 July 2025.
It must undergo a process of negotiation, formal signing, and ratification in both jurisdictions before it can take effect.
