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The Comprehensive Avoidance of Double Taxation Agreement (CDTA) with Mauritius signed in November 2022 came into force on 23 June 2023 after the completion of the relevant ratification procedures. . The CDTA will have effect in respect of Hong Kong tax for any year of assessment beginning on or after April 1, 2024.
Under the CDTA, residents of Hong Kong and Mauritius will not have to pay tax twice on a single source of income. The CDTA will bring a greater degree of certainty on tax liabilities for those who engage in cross-border business activities, and help promote bilateral trade and investment activities between Hong Kong and Mauritius.
Whatsapp : (852) 6499 4686 Phone : (852) 2186 6936 Email : info@intershores.hk Disclaimer: Whilst reasonable care has been taken in provision of information above, it does not constitute legal or other professional advice. INTERSHORES does not accept any responsibility, legal or otherwise, for any error omission and accepts no responsibility for any financial or other loss or damage that may result from its use. In particular, readers are advised to take appropriate professional advice before committing themselves to any involvement in jurisdictions, vehicles or practice. |
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