Russia ratified Double Taxation Agreement with the UAE

Russia ratified Double Taxation Agreement with the UAE

The State Duma of the Federal Assembly of the Russian Federation has ratified agreement signed in Abu Dhabi on December 7, 2011 between the Russian Federation and the United Arab Emirates for the avoidance of double taxation of investments of both states and their financial and investment organizations.

The agreement applies to the Russian profits tax as well as the UAE corporation and profits tax, namely, provincial profits tax levied in each emirate. The purpose of the agreement is the avoidance of double taxation with respect to investments, loans and real property holding.

Under the agreement, income from real property should be taxed in the state in which this property is located. In the state of real property the income from alienation of property, gains on shares and  other profits more than 50% of value of which is directly or indirectly connected with real property is also  taxed.

The agreement also provides that dividends paid by a company which is a resident of a сontracting state in favor of another state (or its financial institutions) shall be taxed only in that state. Interest arising in one of the states and paid to another state shall be exempt from taxation in the first state.

© 1997—2014 DS Express, Inc

84, Spyrou Kyprianou, 

2nd floor, Limassol 4004


tel +357 25 731-042


11 Solzhenitsyna Street

Moscow 109004 Russia

tel +7 495 956-1727

fax +7 495 234-0735

15 Kreshchatik Street, office 149

Kyiv 01001 Ukraine

tel +38 044 237-2222

fax +38 044 278-6714


52 Angliyskaya Emb., office 28

St.Petersburg 190000 Russia

tel +7 812 570-1564

fax +7 812 325-723

More contact details and office maps can be found in the section Contacts

© 2015 DS Express Ltd  All rights reserved