PTG Consultant L.L.C
Advisory on Double Tax Avoidance
Creating a Smarter Tax Ecosystem
When two countries impose similar taxes on the same taxpayer within the same tax base, it negatively impacts cross-border trade, the exchange of goods and services, capital flows, and technology transfer. The UAE, however, features a relatively simple domestic tax structure and offers exemptions for double taxation.
With a network of tax treaties covering nearly 115 countries and additional treaties under negotiation, the UAE offers valuable tax relief to its companies and expatriates. These treaties also facilitate the Exchange of Information (EOI) between nations. Similarly, other GCC countries have established their own networks of Double Tax Avoidance Agreements (DTAAs).
Public and private companies, investment firms, air transport businesses, and residents in the UAE can all benefit from these DTAAs. To fully leverage these advantages, businesses must understand the specific provisions and implications of each treaty. Our global network of experts can help navigate these provisions and ensure you benefit from tax treaty reliefs.
With the expertise of PROTAX Corporate Services, you can discover innovative ways to utilise DTAAs and fully understand the exemptions available for double taxation. Additionally, by leveraging the Exchange of Information agreements, you can enhance your business strategy and strengthen your interests.
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