The The United Arab Emirates (UAE) have been signed a agreement with Ireland that now no tax for investors for both country.
The agreement have been signed on the presence of both countryDirector General of Finance Ministry, Younis Haji Al Khoori and the Ireland’s ambassador to UAE.
The agreement is signed as those peoples having business who were paying their double tax on their income, now they totally tax free on income.
Khoori said, “The agreement seeks to create the suitable investmentenvironment attracting governmental investment and sovereign funds, in addition to encouraging private sector investment in both countries.”
The tax relaxation scheme will be increase the business, trade and transportation system.
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