Tax Treaty between Andorra and the U.A.E. has Entered into Force

The income tax treaty between Andorra and the United Arab Emirates entered into force on 1 August 2017. The treaty, signed 28 July 2015, is the first of its kind between the two countries.

Taxes Covered

The treaty covers Andorran corporate income tax, personal income tax, tax on income of non-residents, and capital gains tax on immovable property transfers. It covers U.A.E. income tax and corporate tax.

Income from Hydrocarbons

Article 3 (Income from Hydrocarbons) provides that the trea…