A Netherlands UAE double tax treaty takes effect from 02 June 2010 according to a 01 June 2010 press release from the UAE Ministry of Finance - “the Treaty for the Avoidance of Double Taxation between the Netherlands and the United Arab Emirates will enter into force.”
- The double tax agreement aims to provide equal tax treatment for investors.
- Incentives to be provided for investments in Holland
- Dutch withholding tax of 0% on dividends paid to UAE Government owned entities.
- A withholding tax of 5%, reduced from 15%, for non-government owned organisations.
- The Treaty takes effect from June 2010 on withholding taxes but for taxes assessed periodically, such as personal and corporate income tax, the Treaty will apply from January 2011.