Neodyum Miknatis
amateur porn
implant
olabahis
Casino Siteleri
Kayseri escort
canli poker siteleri kolaybet meritslot
escort antalya
istanbul escort
sirinevler escort
antalya eskort bayan
brazzers
Articles

Netherlands and UAE sign Investment Treaty

Netherlands and UAE sign Investment Treaty

Netherlands and UAE sign Investment Treaty

26.11.2013

On 26 November 2013 the Netherlands and the United Arab Emirates signed a bilateral investment protection treaty (BIT). The BIT is aimed at strengthening the ties between these two countries by promoting economic development and investments.
 

A BIT is an international agreement establishing the terms and conditions for private investments by nationals and companies of one state in another state. In short, a BIT sets forth actionable standards of conduct that apply to governments in their treatment of investors from other states, including (i) a fair and equitable treatment of investments from investors from the other state, (ii) protection from expropriation, (iii) free transfer of means and full protection and security, and (iv) an alternative dispute resolution mechanism, whereby an investor whose rights under the BIT have been violated could have recourse to international arbitration. Both the Netherlands and the UAE are party to the Convention of New York and the Convention on the Settlement of Investment Disputes. An arbitral award would therefore be enforceable in 149 different states, making this a highly effective instrument for dispute settlement.

The Netherlands has concluded around 90 BITs. This vast network of BITs, together with nearly 100 income tax treaties (for the avoidance of double taxation) ensures that the Netherlands remains a highly sought after jurisdiction for the establishment of international joint venture, holding and financing companies in relation to the Middle East (both inbound and outbound).

 

Team

Related news

24.09.2020 BE law
Stibbe hosts a webinar on dawn raids organised by IBJ/IJE

Seminar - On 24 September 2020, several Stibbe lawyers ​​​​​explain the rights and obligations of companies when confronted with announced or unannounced raids. What do to when, for example, tax authorities, the competition authorities, police services or a bailiff are at your doorstep?

Read more

07.10.2020 LU law
Luxembourg tax measures on non-cooperative jurisdictions: EU blacklist updated

Articles - On 6 October 2020, the European Union list of non-cooperative jurisdictions (the “EU List") was updated. The changes have an impact on bill of law nº 7547, providing that, as from 1 January 2021, interest or royalties, accrued or paid, should no longer be deductible for tax purposes when the beneficiary is a related enterprise established in a country included in the EU List.

Read more

29.09.2020 NL law
Tax Alert: Public consultation additional source taxation on dividends to low tax jurisdictions

Short Reads - On 25 September 2020, the under minister of Finance released a draft legislative proposal open for public consultation until 23 October 2020. The draft legislative proposal includes a source taxation on profit distributions by Dutch companies to shareholders in low tax jurisdictions. It is proposed to enter into force as per 1 January 2024.

Read more

15.07.2020 NL law
Emergency Act on Conditional Final Dividend Withholding Tax Levy submitted to Dutch parliament

Short Reads - On Friday 10 July 2020, a member of the Dutch opposition party Groenlinks has submitted an initiative legislative proposal for a Conditional Final Dividend Withholding Tax Levy Emergency Act (the 'Proposal') to Dutch parliament. The Proposal provides for a conditional final Dutch dividend withholding tax ('DWT') levy due in the event of certain cross-border reorganizations.

Read more