Skip to main content

UAE, Tanzania sign double tax avoidance deal

The Emirates is also pursuing renewable energy projects in the southern African country.
Vice President of the United Arab Emirates and Ruler of Dubai Sheikh Mohammed bin Rashid Al Maktoum (C) attends the opening of the Global Business Forum on Africa, Dubai, United Arab Emirates, Nov. 1, 2017.

The United Arab Emirates (UAE) and Tanzania signed an agreement today on double taxation. 

The deal relates to preventing double taxation as well as tax evasion. It seeks to strengthen tax cooperation between the UAE and the southern African country and “avoid impeding the flow of trade and investment,” the Emirati Ministry of Finance said in a statement. 

What it means: Double taxation occurs when the same income is taxed by different entities. It can occur in international trade and investment, e.g., if an Emirati citizen earns a profit from a business in Tanzania. Some countries, such as the United States, allow deductions for foreign taxes paid. 

Why it matters: The agreement further indicates the UAE’s desire to remove barriers to bilateral investment and trade with Tanzania. The UAE’s ties to the country are growing. In August, the Emirati renewable energy firm Masdar agreed to develop solar and wind power projects in Tanzania. 

The Emirates is seeking greater economic ties with other African states as well. In June, Abu Dhabi signed a trade financing agreement with several countries in West Africa. The UAE is also considering Kenya for its next free trade agreement

Know more: The UAE is undergoing some significant changes with regard to taxation and financial regulation. The Gulf state has unveiled several initiatives this year in an effort to crack down on money laundering. Most recently, the central bank announced new guidelines on identifying individuals who partake in money laundering and terrorism financing. This followed several money laundering and sanctions busting controversies implicating the UAE recently. 

The UAE also announced early this year that it will collect a first-ever tax on business profits starting in 2023. This is part of a larger overhaul made to attract more entrepreneurs, but also represents an effort by the state to rely less on oil and gas revenue. 

Join hundreds of Middle East professionals with Al-Monitor PRO.

Business and policy professionals use PRO to monitor the regional economy and improve their reports, memos and presentations. Try it for free and cancel anytime.

Already a Member? Sign in


The Middle East's Best Newsletters

Join over 50,000 readers who access our journalists dedicated newsletters, covering the top political, security, business and tech issues across the region each week.
Delivered straight to your inbox.


What's included:
Our Expertise

Free newsletters available:

  • The Takeaway & Week in Review
  • Middle East Minute (AM)
  • Daily Briefing (PM)
  • Business & Tech Briefing
  • Security Briefing
  • Gulf Briefing
  • Israel Briefing
  • Palestine Briefing
  • Turkey Briefing
  • Iraq Briefing

Premium Membership

Join the Middle East's most notable experts for premium memos, trend reports, live video Q&A, and intimate in-person events, each detailing exclusive insights on business and geopolitical trends shaping the region.

$25.00 / month
billed annually

Become Member Start with 1-week free trial
What's included:
Our Expertise AI-driven

Memos - premium analytical writing: actionable insights on markets and geopolitics.

Live Video Q&A - Hear from our top journalists and regional experts.

Special Events - Intimate in-person events with business & political VIPs.

Trend Reports - Deep dive analysis on market updates.

Text Alerts - Be the first to get breaking news, exclusives, and PRO content.

All premium Industry Newsletters - Monitor the Middle East's most important industries. Prioritize your target industries for weekly review:

  • Capital Markets & Private Equity
  • Venture Capital & Startups
  • Green Energy
  • Supply Chain
  • Sustainable Development
  • Leading Edge Technology
  • Oil & Gas
  • Real Estate & Construction
  • Banking

We also offer team plans. Please send an email to and we'll onboard your team.

Already a Member? Sign in

Start your PRO membership today.

Join the Middle East's top business and policy professionals to access exclusive PRO insights today.

Join Al-Monitor PRO Start with 1-week free trial