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| A comprehensive guide
to current and future events and exhibitions in the UAE |
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Valuable concise reference source on the UAE,
covering political system, economy, business, history and heritage,
education, women, healthcare, tourism and environment. |
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Natural history of the UAE,
covering all animals and plants recorded in the Emirates. |
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Report by National US Arab Chamber of Commerce on the UAE. Vol XV, No 3, June 2007. Includes analysis of UAE economy. |
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THE ECONOMY - DOUBLE TAXATION AGREEMENTS
![]() UAE and Greece initial double taxation avoidance deal
Posted on 04/06/2008
United Arab Emirates and Greece initialled on Tuesday a draft treaty for the avoidance of double taxation on income. The agreement was reached at the end of the first round of negotiations that started in Athena earlier in May. The next round will be held in UAE in September. The two sides have reached a deal to continue to avoid taxation levied on air transportation by national carriers of both countries. – Emirates News Agency, WAM
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 UAE, Japan talks on double taxation
Posted on 28/10/2007
The third round of talks between the UAE and Japan about avoiding double taxation was concluded yesterday. The UAE delegation to the talks was headed by Khaled Ali Al Bustani, Assistant Undersecretary at the Ministry of Finance and Industry and includes members from the Ministries of Foreign Affairs, Finance and Industry, Abu Dhabi Investment Authority, Emirates Central Bank, UAE Ambassador to Japan and members of the Embassy.
It is important to note that talks on this issue began in 1990s and
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![]() Third round of talks starts in Tokyo to avoid double taxation
Posted on 22/10/2007
The third round of negotiations to avoid double taxation between UAE and Japan will begin in Tokyo yesterday. The UAE delegation to the negotiation table is led by Assistant Undersecretary of the Ministry of Finance and Industry Khalid Ali Al Bustani and is consisted of officials from Foreign Ministry, Abu Dhabi Investment Authority and Central Bank.
The five-day long negotiations will review the developments achieved after the earlier negotiations and will set the two countries on the path
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 UAE, Bulgaria sign double taxation pact
Posted on 28/06/2007
Sofia - The United Arab Emirates and Bulgaria yesterday signed an agreement for avoidance of double taxation and restriction of income and capital tax evasion. The agreement was signed yesterday by Dr Mohammed Khalfan bin Kharbash, Minister of state for Financial & Industrial Affairs and Plamen Oresharski, Bulgarian Finance Minister.
Dr Kharbash said that the UAE runs the second largest economy in the Arab world and is considered as one of the key players in the region, especially after
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![]() UAE, Bulgaria to sign agreement on avoidance of double taxation
Posted on 25/06/2007
The UAE and Bulgaria will sign an agreement on avoidance of double taxation during a visit by a senior UAE economic official. Dr. Mohammed Khalfan bin Kharbash, Minister of State for Financial and Industrial Affairs, will fly on Monday to Bulgaria on a two-day state visit during which he will sign the agreement with the Bulgarian finance minister. When inked, the agreement will take to 45 the total number of agreements signed by the Ministry of Finance and Industry on avoidance of double
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 UAE and Holland sign agreement on double taxation
Posted on 09/05/2007
UAE and Holland signed yesterday an agreement on avoiding double taxation between the two countries. Mohammed Khalfan bin Kharbash, Minister of State - the Ministry of Finance and Industry signed on behalf of UAE, and from the Holland part, signed Frank Heemskerk, Holland Minister of Foreign Trade.
"The agreement on avoiding double taxation with Holland will contribute to achieving economic stability between the two countries through strengthening mutual cooperation in economic and
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 UAE, Holland to sign agreement of avoiding double taxation
Posted on 08/05/2007
The UAE and Holland will sign in Abu Dhabi at the premises of the Ministry of Finance and Industry a bilateral agreement to avoid double taxation. Minister of State for Financial and Industrial Affairs, Dr Mohammed Khalfan bin Kharbash, will sign for the UAE government, while Holland's Foreign Trade Minister, Frank Heemskerk, will also sign the agreement for his country.
The two countries signed the initial agreement to this regard in March following series of meetings of negotiations.
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 UAE residents to pay tax on capital gains in India
Posted on 20/04/2007
UAE residents will now have to pay taxes on short-term capital gains earned in India, according to the amended provision of the India UAE Double Taxation Avoidance Agreement (DTAA).
According to tax professionals, this amendment has put to rest the confusion created by contradictory verdicts on the issue by various bodies in India in the past.
As per the amendment to the UAE-India DTAA, income earned from either the stock market or any other investment in India will be taxed in India.
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![]() UAE seeks more pacts against double taxation
Posted on 06/04/2007
The UAE has signed treaties to avoid double-taxation with 44 countries and wants to have more of these pacts, a senior government official said.
Khalid Ali Al Bustani, assistant under-secretary in the Ministry of Finance, said these bilateral agreements are important as entities from the UAE invest in a number of countries and the country is a major trading hub in the region.
"We see taxation as an important issue. We want to sign avoidance of double-taxation agreements with many
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![]() UAE plans tax pacts with three nations
Posted on 30/10/2006
The UAE plans to negotiate double taxation agreements with Russia, Azerbaijan and Japan this year, a government official said yesterday. Khalid Ali Al Bustani told reporters on the sidelines of a regional double taxation workshop the agreements will help improve investment flows. He said the UAE already had 48 double taxation agreements with various countries after recently signing one with Uganda. It now wished to extend that network. After political and economic stability, a double taxation
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 UAE and Japan agree to begin double taxation agreement talks
Posted on 03/07/2006
The UAE and Japan agreed here on Sunday to begin talks on double taxation agreement within the coming few months. "The two sides agreed to commence talks on avoidance of double taxation on income during the coming few months", it was announced today following a meeting between UAE Minister of State for Finance and Industrial Affairs Dr. Mohammed Khalfan bin Kharbash and Japanese ambassador to the UAE Hajime Tsujimoto.
The meeting also discussed bilateral cooperation between the two
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![]() UAE and Germany to begin talks on renewal of double taxation agreement
Posted on 18/06/2006
The UAE and Germany will begin talks on Monday in Berlin to renew the double taxation agreement on income. The two countries signed agreement in 1995. The UAE delegation will be headed by Khalid Ali Al Bustani, Assistant Under Secretary for Resources and Budgetary Affairs at the Ministry of Finance and Industry. The delegation will also include officials from the ministry of Foreign Affairs, the Central, Bank and the Abu Dhabi Investment Authority. The five-day talks will cover various aspects
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 UAE and Malta sign pact to avoid double taxation
Posted on 14/03/2006
The UAE and Malta yesterday signed an agreement to avoid double taxation. The agreement was signed by Dr Mohammad Khalfan Bin Kharbash, Minister of State for Financial and Industrial Affairs, and Dr Michel Frendo, Malta's Foreign Minister. Speaking shortly after the signing of the agreement, Bin Kharbash said: "The agreement, which is the first to be signed with Malta, mirrors the keen desire of both governments to enhance bilateral economic, commercial and tourism relations."
It would
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 UAE and Spain sign agreement on double taxation
Posted on 06/03/2006
The UAE and Spain yesterday signed an agreement on avoidance of Double Taxation. With this agreement which was signed on behalf of the UAE by Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan and for Spain by his counterpart Miguel Angel Moratinos, the UAE becomes the first GCC country to sign an agreement with Spain on avoidance of double income and capital taxes.
Speaking shortly after the signing ceremony, Dr. Mohammed Khalfan bin Kharbash, Minister of State for Finance and Industrial
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![]() UAE and Spain sign double taxation agreement
Posted on 01/11/2005
Madrid - The UAE and Spain have initialled a double taxation agreement, the first such agreement to be signed between Spain and a Gulf Cooperation Council (GCC) state. The agreement covers various aspects of economic and financial cooperation, in addition to facilities offered to investors in the two countries.
The agreement which will be sealed later at the ministerial level is the most important agreement to be signed with Spain because it provides the legal framework for promoting
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