Double Taxation Avoidance Agreement - DTAA Albania and UAE

The Double Taxation Avoidance Agreement (DTAA) between Albania and the United Arab Emirates (UAE) was signed on March 13, 2024. This pivotal agreement aims to eliminate the issue of double taxation for individuals and businesses operating in both countries, thereby fostering a more favorable investment climate. By establishing clear tax rules and procedures, the DTAA seeks to enhance economic cooperation and bilateral trade, encouraging investments and growth in multiple sectors. The agreement reflects the commitment of both nations to streamline taxation processes and promote mutual economic interests. As countries continue to strengthen their partnerships, the DTAA serves as a foundational framework for supporting business exchanges and safeguarding taxpayers from the burden of dual taxation.

Contents of the The Double Taxation Avoidance Agreement (DTAA) between Albania and the United Arab Emirates (UAE) cover the following matters in details; 

• Article 01  Persons Covered

• Article 02  Taxes Covered

• Article 03  General Definitions

• Article 04  Resident 

• Article 05  Permanent Establishment 

• Article 06  Income from Immovable Property 

• Article 07  Business Profits

• Article 08  Shipping and Air Transport

• Article 09  Associated Enterprises 

• Article 10  Dividends 

• Article 11  Interest 

• Article 12  Royalties 

• Article 13  Capital Gains 

• Article 14  Independent Personal Services 

• Article 15  Dependent Personal Services 

• Article 16  Directors' Fees 

• Article 17  Artist and Sportsmen

• Article 18  Pensions

• Article 19  Government Service 

• Article 20  Teachers and Researches 

• Article 21  Student and Apprentices 

• Article 22  Other Income 

• Article 23  Income from Hydrocarbons 

• Article 24  Taxation of Capital 

• Article 25  Elimination of Double Taxation 

• Article 26  Mutual Agreement Procedure 

• Article 27  Exchange of Information 

• Article 28  Non-Discrimination 

• Article 29  Miscellaneous Rules 

• Article 30  Income of Government and Institutions 

• Article 31  Members of Diplomatic Missions and Consular Posts

• Article 32  Entry into Force

• Article 33  Duration and Termination