The Resource Free zones in the United Arab Emirates : domestic and international tax issues

Free zones in the United Arab Emirates : domestic and international tax issues

Label
Free zones in the United Arab Emirates : domestic and international tax issues
Title
Free zones in the United Arab Emirates : domestic and international tax issues
Creator
Subject
Language
eng
Summary
Free Zones in the United Arab Emirates (UAE) offer an abundance of tax and economic advantages for companies wishing to incorporate in the UAE and develop their business with a high degree of flexibility. However, the application of Double Taxation Agreements (DTAs) makes it increasingly difficult to access their benefits, namely the reduction of withholding tax on dividends or interests, as Contracting States tend to require at least Tax Residency Certificates (TRCs). This increasingly pressing requirement leads to a double issue: the choice of the Free Zone in which it is conceivable to obtain a TRC and the general anti-abuse clause which could still allow the Contracting State to deny the right of benefiting from the provisions of a DTA even when a TRC has been issued. This article utilizes the example of the DTA between the UAE and Switzerland to illustrate and analyse this problem
Citation source
In: Intertax. - Alphen aan den Rijn. - Vol. 43 (2015),
http://library.link/vocab/creatorName
  • Truby, J.M
  • Cywie, A
Geographic coverage
  • Middle East
  • Asia
Language note
English
http://library.link/vocab/subjectName
  • tax-free zone
  • tax treaty
  • withholding tax
  • dividend
  • interest
Label
Free zones in the United Arab Emirates : domestic and international tax issues
Instantiates
Publication
Label
Free zones in the United Arab Emirates : domestic and international tax issues
Publication

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