UAE CEPAs with Costa Rica and Mauritius come into effect
The UAE’s CEPAs with Costa Rica and Mauritius took effect on 2 April 2025, reducing tariffs and boosting trade ties. The UAE’s Comprehensive Economic Partnership Agreements (CEPAs) with Costa Rica and Mauritius took effect on 2 April 2025,
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EU, UAE initiate FTA negotiations
The EU and the UAE began talks for a bilateral free trade agreement (FTA) on 28 May 2025 to promote economic transformation in both regions. The European Union and the United Arab Emirates (UAE) formally launched negotiations for a bilateral
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Russia approves new income tax treaty with UAE
Russia has approved a new tax treaty with the UAE to enhance tax cooperation and replace the limited 2011 agreement. Russia’s government has approved a draft law to ratify a new income and capital tax treaty with the UAE on 29 May
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UAE clarifies VAT obligations on imported services
The UAE’s FTA has clarified the VAT treatment of imported services in Public Clarification VATP044, confirming that taxable persons must account for output tax on such services and may recover input tax if conditions are met. The UAE Federal
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UAE: MoF temporarily eases listing requirement for REIT exemption
The Decision outlines conditions for certain Real Estate Investment Trusts (REITs) to qualify for corporate tax exemption. The UAE Ministry of Finance has issued Ministerial Decision No. 96 of 2025 on Conditions to Exempt Certain Real Estate
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Switzerland, UAE DTA second protocol enters into force
The amended Switzerland-UAE income tax treaty took effect on 5 May 2025, following the signing of the amending protocol to the treaty on 5 November 2022. According to an announcement in the Swiss Official Gazette dated 19 May 2025, the second
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Papua New Guinea, UAE negotiates tax treaty, IPA
Papua New Guinea and UAE officials have started negotiations to advance bilateral ties, focusing on trade, investment, and technical cooperation. Papua New Guinea’s (PNG) Prime Minister Hon. James Marape met with the Special Envoy of the
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Cambodia, UAE conclude third round of tax treaty negotiations
Talks addressed remaining provisions and the UAE’s new corporate tax rules. Officials from Cambodia and the UAE held a third round of talks from 14–16 May 2025 in Phnom Penh to negotiate a double taxation agreement (DTA). The discussions
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UAE: Cabinet approves corporate tax exemption for foreign-owned businesses
The Decision expands corporate tax exemption to cover certain foreign entities owned by exempt bodies. The UAE’s Ministry of Finance (MoF) announced the issuance of Cabinet Decision No. (55) of 2025 on Exempting Certain Persons from Corporate
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Poland, UAE sign exchange of notes to income tax treatyÂ
Poland and the UAE signed an exchange of notes on their 1995 tax treaty on 24 February 2025 and 18 April 2025. The exchange notes confirm that the Abu Dhabi Developmental Holding Company qualifies as a governmental institution, making it eligible
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Brazil delists UAE and Austrian holding regime from low-tax jurisdiction and privileged tax regime
Brazil’s Federal Revenue Service (RFB) has published the Normative Instruction No. 2,265/2025 in the Official Gazette on 13 May 2025, in which it removed the UAE from the list of low-tax jurisdictions and the Austrian holding company regime (for
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Bahrain, UAE investment agreement now in effect
The Investment Promotion and Protection Agreement ( IPA)Â between the UAE and Bahrain became effective on 8 May 2025, after completing the required legal procedures. The agreement establishes a legal framework that protects investments, boosts
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UAE: Federal Tax Authority clarifies reverse charge rules for precious metals, gemstones
The UAE Federal Tax Authority has released Public Clarification VATP043 on 30 April 2025, which addresses the application of the reverse charge mechanism for Value Added Tax (VAT) on transactions involving precious metals and precious stones between
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Greece, UAE renew double taxation avoidance agreement
Greece and the UAE have agreed to update and renew their 2010 tax treaty. Greek Prime Minister Kyriakos Mitsotakis met with UAE Minister Dr. Sultan Al Jaber to announce the renewal of the double taxation avoidance agreement between Greece and the
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UAE: FTA clarifies corporate tax exemptions of investors in REITs as a qualified fund
The UAE’s Federal Tax Authority (FTA) has issued a new public clarification regarding Corporate Tax on the tax treatment of investors in a Real Estate Investment Trust (REIT) who are exempt from Corporate Tax as a Qualified Fund on 6 May
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UAE issues VAT guidance on valuation of barter transactions
The UAE Federal Tax Authority issued VAT Public Clarification VATP042, providing guidance on determining the value of supply in barter transactions on 29 April 2025. In general, taxable persons receive monetary consideration for the supplies they
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UAE: FTA removes fines for delayed corporate tax registration
The UAE’s Federal Tax Authority (FTA) has introduced a new initiative allowing businesses to have administrative penalties waived or refunded for late corporate tax registration on 2 May 2025, provided certain conditions are met. To qualify,
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UAE: FTA introduces EmaraTax application for family foundations to register as unincorporated partnerships
The Federal Tax Authority (FTA) introduced a new application via the "EmaraTax" digital tax services platform, enabling eligible Family Foundations to apply for status as an Unincorporated Partnership, provided the Family Foundation met specific
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