The United Arab Emirates signed the first double taxation agreement with Malaysia in 1995. The agreement was enforced a year later and provided for its renewal every five years. The double taxation agreement between the UAE and Malaysia aims to promote and strengthen economic relations between the two countries. The treaty also contains a protocol with respect to the prevention of fiscal evasion. The UAE-Malaysia double tax treaty covers the following taxes:
Additionally, the agreement will also cover any similar taxes imposed in any of the states. Tax authorities of both countries have the obligation to notify each other in due time about any changes brought to their taxation systems that could affect the agreement.
The double taxation agreement between the UAE and Malaysia covers the income or elements of incomes derived by Malaysian and UAE citizens and companies in the other state. The following incomes are included in the agreement:
Our company registration agents in Dubai can provide you with more information related to the incomes covered by the double taxation treaty with Malaysia.
The UAE-Malaysia double taxation agreement provides for the following reduced tax rates:
For information about the avoidance of double taxation under the UAE-Malaysia agreement you can contact our Dubai agents in company formation.