The UAE Cabinet of Ministers approved the protocol to the 2011 tax treaty with Switzerland on 2 January 2025.
Switzerland and the UAE signed a protocol amending the agreement for the avoidance of double taxation (DTA) with respect to taxes on income on 5 November 2022 in Abu Dhabi. The protocol implements the BEPS minimum standards for double taxation agreements.
The protocol will come into effect once the instruments of ratification are exchanged and will typically apply from January 1st of the year following its entry into force.
