Memorandum of Understanding

United Arab Emirates-United States: Memorandum of Understanding to FATCA Agreement (2015) 

This Agreement was signed on June 17, 2015 and in-force as of February 19, 2016. 


At the signing today of the Agreement Between the Government of the United States of America and the Government of the United Arab Emirates to Improve International Tax Compliance and to Implement FATCA (hereinafter the “Agreement”), the representatives of the United States of America and the United Arab Emirates wish to confirm their understanding of the following:

In the Arabic version of the Agreement, the term “Partner Jurisdiction” is translated as “لمة ووالسلطة الشريكة” and the term “jurisdiction” is translated as”أوجهة الا ختصامرى،“. Generally, the term “ز وو جهة الاختصاصرى” is used to refer to state and non-state entities that may be a party to agreements, and is distinct from the term “ههسلطة مختصة“, which is the translation of the term “Competent Authority.”

Done at Abu Dhabi, UAE, in duplicate, in the English and Arabic languages, this 17th day of June, 2015.