Tax Treaty developments GCC Member States

Bahrain signs Double Tax Treaty with Hong Kong

On 3 March 2024, Bahrain has signed a Double Tax Treaty (DTT) with Hong Kong. We will report on further developments as they occur.

UAE Cabinet approves new Double Tax Treaty with Czech Republic

On 18 March 2024, the UAE Cabinet approved the new UAE-Czech Republic DTT which, once in force and effective, will replace the respective DTT from 1996. Further developments will be reported as and when they occur.

Saudi Arabia and France agreed to extension of Double Tax Treaty between the two countries

On 14 March 2024, Saudi Arabia and France have agreed to extend the application period of the DTT concluded between them, with an additional period of five years. We will report on further developments as they occur.

Qatar and Estonia sign a Double Tax Treaty

On 7 March 2024, Qatar and Estonia signed a DTT. Further developments will be reported as and when they occur.

Conclusion

The GCC Member States continue expanding and updating their Double Tax Treaty networks for the benefit of international businesses.