Putin has ratified an agreement with the UAE to eliminate double taxation

15:09; 07 July 2025 year

Russian President Vladimir Putin has ratified an intergovernmental agreement with the United Arab Emirates on the elimination of double taxation of income and capital. The document was signed in Abu Dhabi on February 17, 2025.

The agreement is aimed at creating favorable business conditions for both countries. Now, legal entities and individuals in Russia and the UAE will not pay taxes twice on the same type of income both in their own country and in the partner state. This decision is intended to increase mutual investments between the two countries.

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