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Double Tax Treaty between Cyprus and the UAE
02.05.2014
Area(s) of Practice: Taxation Law

Cyprus and the United Arab Emirates (UAE) signed a Treaty for the avoidance of double taxation and prevention of fiscal evasion on 27 February 2011, which was ratified and became effective as of 1 January 2014.

Pursuant to this Treaty there will be no withholding tax on payments of dividends, interest and royalties from a company which is resident in one contracting state, to a company which is resident in the other contracting state.

 

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