OrbitaxNew Tax Treaty between Romania and the U.A.E. has Entered into Force
|Treaty Development|Romania-Untd A Emirates
The new income tax treaty between Romania and the United Arab Emirates entered into force on 11 December 2016. The treaty, signed 4 May 2015, replaces the 1993 tax treaty between the two countries.
Taxes Covered
The treaty covers Romanian tax on income and tax on profit and covers U.A.E. income tax and corporation tax.
Withholding Tax Rates
- Dividends - 3%
- Interest - 3%
- Royalties- 3%
Li…
Continue Reading
