Russia and the UAE have
signed an agreement to avoid the double taxation of income and capital, and to prevent tax evasion. The agreement will begin on January 1, 2026, once both countries have ratified it. This isn't the first time Russia and the UAE have signed an agreement. Back in 2011, they did a similar deal, but it only covered a limited number of companies. The new agreement has clearer rules and applies to more businesses.
The main point of the this document to make it clear how different kinds of income will be taxed for people living in both countries. This includes income from various sources, such as business profits, dividends, interest payments, royalties, and earnings from employment or freelance work.
Previous agreements primarily offered tax breaks to public companies in the UAE and Russia. The new DTA aims to extend these benefits to private businesses as well.