On 10 December 2014, the income tax treaty between Hong Kong and the United Arab Emirates entered into force. The treaty, signed 11 December 2014, is the first of its kind between the two jurisdictions.
Taxes Covered
The treaty covers Hong Kong profits tax, salaries tax and property tax. It covers United Arab Emirates income tax and corporate tax.
Service PE
The treaty includes the provision that a permanent establishment will be deemed constituted when an enterprise furnishes services …