On 4 January 2019, Law No. 27,496 was published in the Official Gazette, approving the Argentina- United Arab Emirates Double Taxation Treaty (the "Convention"). The Convention was signed on 3 November 2016 in Dubai City.

The Convention will be applicable to taxes on income and capital, which for Convention purposes are understood as taxes imposed on total or on elements of income or capital, including taxes on gains from the sale of movable or immovable property, as well as taxes on capital appreciation.

Under the terms of the Convention, the Contracting States shall notify each other, through diplomatic channels, the compliance with the procedures required by its law for the entry into force of this Convention. Therefore, the Convention shall enter into force on 1 January 2019 following the date of such notices.

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