Forte Tax & Law » News » Russia plans to sign a Double Tax Treaty with the UAE
January 29, 2025
Changes in legislation, Uncategorized
Russia plans to sign a Double Tax Treaty with the UAE
On January 18, 2025, the Russian Ministry of Finance announced that a double tax treaty with the UAE had been initialed—i.e., the text of the double tax treaty with the UAE has been finalized.
Withholding tax on dividends, interest, and royalties under this treaty are proposed to be 10%. Moreover, according to Deputy Finance Minister Alexey Sazanov, who participated in the initialing, the treaty will have “sufficiently standard” terms. The parties plan to sign the treaty soon and will make every effort to ensure that it enters into force on January 1, 2026.