UAE Signs Double Taxation Agreement with Serbia

Analysis

The UAE's Finance Ministry has signed an income tax double taxation agreement with Serbia. The agreement includes a range of incentives and tax transaction mechanisms to grant multi-state exemptions on UAE private and public investments.

The agreement also provides for export tax exemptions and capital gains tax benefits.

The agreement was signed in Abu Dhabi by the UAE's Financial Affairs Minister, Obaid Humaid Al Tayer and Serbia's Finance and Economy Minister, Mladan Dinkic.