Saudi Arabia / Regulations
What the Saudi–UAE double tax treaty means for cross-border groups
The first double tax treaty between two GCC states could change how dividends, interest and service fees flow between Riyadh and Dubai.
Sample article: written for this prototype. Check the official source before relying on it.
Treaties of this kind typically reduce or remove withholding tax on cross-border payments, and set rules for when a company creates a taxable presence in the other country.
Covers withholding on dividends, interest and fees
What it means
Businesses operating in both markets should review intra-group agreements once both authorities confirm the final text and entry-into-force date.
Official sourceZakat, Tax and Customs Authority
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