The income and capital tax treaty between the United Arab Emirates and the United Kingdom entered into force on 25 December 2016. The treaty, signed 12 April 2016, is the first of its kind between the two countries. Taxes Covered The treaty covers U.A.E. income tax and corporate tax, and covers UK income tax, corporation tax, and capital gains tax. Residence If a company is considered resident in both Contracting States, the competent authorities will determine the company's residence for the purpose of the treaty through mutual agreement. If no agreement is reached, the company will not be entitled to...