President of the Republic João Lourenço discusses strengthening bilateral cooperation with UAE

The information was disclosed today on the page of the Presidency of the Republic on the social network Facebook, noting that the two Statesmen maintained the dialogue on the phone.

Both states have a reciprocal investment protection agreement between them, which is the starting point for UAE investments in Angola and vice versa.

The Governments of Angola and the UAE have ratified the Double Taxation and Tax Evasion Convention, which entered into force for both countries in March 2020.

The Convention constitutes an essential tool, available to the tax authorities of the two countries, which, in this way, are able to cross-reference information regarding amounts and tax accounting framework declared in one country and the other.

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