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Update - Tax Treaty between Guyana and the UAE

07 April 2023

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Treaty Development

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Guyana-United Arab Emirates

The income tax treaty between Guyana and the United Arab Emirates was signed on 24 March 2022. The treaty is the first of its kind between the two countries. Taxes Covered The treaty covers Guyana income tax, corporation tax, capital gains tax, and property tax. It covers UAE income tax and corporate tax. Income From Hydrocarbons Article 3 (Income from Hydrocarbons) provides that, notwithstanding any other provision of the treaty, nothing shall affect the right of either one of the Contracting States, or of any of their local Governments or local authorities thereof to apply their domestic laws and regulations...