The agreement seeks to enhance economic and financial cooperation, promote joint investments, address double taxation, and prevent tax evasion and avoidance between the two countries.
Qatar’s General Tax Authority (GTA) announced, on 7 December 2025, that Qatar and Uruguay signed an income tax treaty. The agreement was signed by HE Ali bin Ahmed Al Kuwari, Minister of Finance of the State of Qatar, and HE Mario Lopetegui, Minister of Foreign Affairs of the Republic of Uruguay.
The treaty aims to strengthen economic and financial cooperation and encourage joint investments between the two countries.
The agreement seeks to avoid double taxation and remove obstacles that may hinder capital movement, thereby enhancing trade and encouraging investment flows between the two countries.
It also aims to establish a comprehensive legal framework that provides a fair tax environment, stimulates economic activities, facilitates investment flows, and strengthens opportunities for joint commercial cooperation, while emphasising both parties’ commitment to applying the highest international standards of transparency through the exchange of verified financial information between the competent authorities of both countries.
The agreement includes several technical provisions related to the regulation of income taxes across various sectors, most notably the international transport sector, as well as the taxation of associated enterprises, dividends, interest, and royalties. These measures are expected to create a favourable investment environment and encourage the flow of capital, contributing to economic stability and sustainable growth.
The treaty will take effect once the ratification instruments are exchanged.
