Double Tax Treaties in Switzerland
Double taxation refers to the fact that two countries collect simultaneously taxes on the same company. This situation often arises when companies have subsidiaries or branches in various countries.
Double Taxation Convention between Switzerland and UAE
The Swiss federal Council and the Government of the United Arab Emirates have decided to conclude a Convention in regard of the avoidance of double taxation with respect to taxes on income. The UAE is one of Switzerland’s most important economic partners in the Middle East, therefore a double taxation convention is meant to enhance bilateral economic relations between the two countries.