TIEA between Finland and the U.A.E. enters into force
On 13 October 2017, the tax information exchange agreement between Finland and the United Arab Emirates entered into force. The agreement was signed on 27 March 2016. The agreement is the first of its kind between the two countries and applies to
See MoreUAE: Penalties for noncompliance with VAT Law
The Council of Ministers adopted new fines and penalty fees for non-compliance with Value Added Tax (VAT) Law on October 2, 2017. These fines are imposed on businesses that don’t follow the new rules. Penalties for failing to follow to tax laws
See MoreUAE: FTA discloses online VAT registration deadlines
The Federal Tax Authority (FTA) has announced an online VAT registration systems for businesses, which is scheduled on January 1, 2018. Also, government prepares to introduce the 5% levy on January 1, 2018. The FTA website will simplify the
See MoreUAE: DTA signs with Costa Rica
The Minister of Foreign Affairs and Worship in Costa Rica, Manuel A. Gonzalez Sanz, has made a visit to attend a meeting at the ministry in capital San Jose and to meet with Assistant Minister of Foreign Affairs and International Cooperation for
See MoreUAE: DTA signs with Iraq
The Double Taxation Agreement (DTA) between Iraq and the United Arab Emirates was signed on October 3, 2017, for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on
See MoreUAE: Excise tax on tobacco, energy and soft drinks enters into effect
The Ministry of Finance was published the implementing regulations to the Excise Tax Law. This Excise Tax Law regarding production of excise goods in the UAE, import of excise goods in the UAE, release of excise goods from a designated zone and
See MoreUAE: DTA ratifies with Argentina
The United Arab Emirates (UAE) ratified the Double Taxation Agreement (DTA) with Argentina on August 23, 2017, for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on
See MoreUAE: DTA ratifies with Equatorial Guinea
The United Arab Emirates (UAE) ratified the Double Taxation Agreement (DTA) on August 23, 2017, with Equatorial Guinea for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on
See MoreUAE: DTA ratifies with Gambia
The United Arab Emirates (UAE) ratified the Double Taxation Agreement (DTA) on August 23, 2017, with Gambia for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. The agreement contains dividends
See MoreUAE: The FTA launches an interactive website
The Federal Tax Authority (FTA) announced an interactive website on the basis of best international standards and practices for introducing legal entities and society to the tax system and facilitate tax compliance. The site is rich in important
See MoreUAE: President issues VAT Decree Law
The President of the United Arab Emirates, Shaikh Khalifa Bin Zayed Al Nahyan, issued Federal Decree-Law No. 8 of 2017 for Value-Added Tax (VAT) on August 28, 2017. This is a primary step for implementing VAT in the UAE as of January 2018. The
See MoreUAE: DTA with Burundi approved
The Council of Ministers of Burundi, on July 19, 2017, the Tax Agreement with United Arab Emirates (UAE) for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on
See MoreAndorra, UAE DTA enters into force
On 1 August 2017, the Double Taxation Agreement (DTA) between Andorra and United Arab Emirates was entered into force and it will apply from 1 January 2018. The agreement contains 0% Dividends, Interest and Royalties
See MoreUAE: DTA signed with Cameroon
An income and capital tax treaty was signed on 15th of July 2017 by the United Arab Emirates (UAE) and the Finance Minister of Cameroon for the avoidance of double
See MoreCroatia: Finance Minister signs a DTA with UAE
The Croatian Prime Minister, Andrej Plenkovic, made a visit on 13th of July 2017 to meet the United Arab Emirates (UAE) Foreign Minister. During the meeting they discussed political relations and the advancement of economic cooperation. Also a
See MoreCroatia: Marija Pejčinović Burić signed a DTA with UAE
The Deputy Prime Minister and Minister of Foreign and European Affairs of Croatia, Marija Pejčinović Burić, made a visit on 13th of July 2017 in Zagreb to meet the Minister of Foreign Affairs and International Cooperation of United Arab Emirates
See MoreMoldova authorizes to sign a DTA with UAE
Moldova authorized to sign a Double Taxation Agreement (DTA) on 28 June 2017 with United Arab Emirates (UAE) for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on
See MoreUAE: Excise tax to be implemented by the end of 2017
The Finance Ministry of the United Arab Emirates (UAE) on 10th of May 2017 arranged a briefing session in respect of the new Excise Tax Law. Implementation of the UAE Excise Tax Law follows the Gulf Cooperation Council (GCC) Ministers of Finance
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