On 17 February 2025, officials from Russia and the United Arab Emirates signed a new income and capital tax treaty. The treaty will enter into force after the ratification instruments are exchanged and once in force and effective will replace the limited tax treaty signed in 2011. The 2011 tax treaty generally only applies with respect to income/gains derived by a Contracting State or its financial and investment institutions. Details of the new tax treaty will be published once available.