Tax Treaty developments GCC Member States

UAE approves Protocol to Double Tax Treaty with Switzerland

On 2 January 2025, the Emirati Cabinet has approved a Protocol amending the Double Tax Treaty (DTT) of 2011 between the UAE and Switzerland. We will report on further developments as they occur.

 

Bahrain Shura Council approves Double Tax Treaty with the UAE

On 19 January 2025, the Bahraini Shura Council has approved the DTT between Bahrain and the UAE. The Emirati Cabinet approved the DTT on 2 January 2025. Further developments will be reported as they occur.

 

Russia and the UAE initialed a new Double Tax Treaty

As reported in the press on 17 January 2025, Russia and the UAE have initialed a new DTT, which should replace the DTT from 2011. We will report on further developments as they occur.

 

Oman and Bahrain signed Double Tax Treaty

On 15 January 2025, Oman and Bahrain have signed a DTT in Muscat. Further developments will be reported as they occur.

 

Bahrain Shura Council approves Double Tax Treaty with Hong Kong

On 19 January 2025, the Bahraini Shura Council has approved the DTT between Bahrain and Hong Kong. We will report on further developments as they occur.

 

Egypt ratifies Double Tax Treaty with Oman

As published in the Official Gazette of 16 January 2025, Egypt has ratified the DTT with Oman. Further developments will be reported as they occur.

 

Oman and India sign Protocol to Double Tax Treaty

On 27 January 2025, Oman and India have signed a Protocol amending the Double Tax Treaty (DTT) of 1997 between the two countries. We will report on further developments as they occur.

 

Saudi Arabia's Shura Council approves Double Tax Treaty with Iceland

On 13 January 2025, Saudi Arabia's Shura Council has approved the DTT between the Kingdom of Saudi Arabia and Iceland. Further developments will be reported as they occur.

 

Norway's Cabinet approves Protocol to Double Tax Treaty with Qatar

On 24 January 2025, the Norwegian Cabinet has approved the Protocol amending the DTT of 2009 between Norway and Qatar. We will report on further developments as they occur.

 

Conclusion

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