An agreement on the avoidance of double taxation and the prevention of income tax evasion between Cyprus and United Arab Emirates was announced by the Cyprus Government.
Although details of the agreement have not yet been released, according to the official announcement, the agreement will contribute greatly to further capitalising on UAE investment interests in Cyprus as well as fostering the development of commercial and financial relations between the two countries.
The above should be used as a source of general information only. It is not intended to give a definitive statement of the law and is subject to the disclaimer.