On 15 March 2013 the Serbian Parliament has adopted the Law confirming conclusion of Double Taxation Treaty between Serbia and United Arab Emirates (UAE) with respect to taxes on income and on capital (DTT).
The DTT has been published in the Official Gazette of Serbia – International Agreements no. 03/2013 dated 15 March 2013.
Instruments of ratification have been exchanged between Serbia and UAE in July 2013. As defined in the DTT, the DTT becomes effective on or after the first day of the month next following the month in which instruments of ratification have been exchanged.
Consequently, the DTT is effective as of 1 August 2013.