Article 29 - Limitation of Benefits - UAE

1 [ARTICLE 29 LIMITATION OF BENEFITS An entity which is a resident of a Contracting State shall not be entitled to the benefits of this Agreement if the main purpose or one of the main purposes of the creation of such entity was to obtain the benefits of this Agreement that would not be otherwise available. The cases of legal entities not having bona fide business activities shall be covered by this Article. ] **************** NOTES: - 1 . Inserted vide Notification No. 282/2007 dated 28-11-2007