Russia and the UAE have signed an agreement on avoiding double taxation

The agreement will replace the current agreement of 2011, which provides benefits only for state institutions, organizations with state participation and sovereign wealth funds.

The provisions of the new agreement apply to income and corporate taxes in the UAE, profit tax, personal income tax, corporate property tax, personal property tax in the Russian Federation and royalties.

With respect to dividends, interest and royalties, the tax rate will be 10%.

If ratified, the agreement will enter into force on January 1, 2026.