Latest Treaty Updates: Saudi Arabia


Treaty Update: Saudi Arabia - Jordan

31/10/2016

Jordan and Saudi Arabia signed a DTA on October 19, 2016.


Treaty Update: Egypt - Saudi Arabia

18/4/2016

Egypt and Saudi Arabia signed a DTA on April 8, 2016.


Treaty Update: Saudi Arabia - Gabon

27/12/2015

Saudi Arabia and Gabon have signed a DTA, the Saudi Ministry of Finance announced on December 17, 2015.


Treaty Update: Saudi Arabia - Venezuela

19/11/2015

Saudi Arabia and Venezuela signed a DTA on November 11, 2015.


Treaty Update: Sweden - Saudi Arabia

22/10/2015

Sweden and Saudi Arabia signed a DTA on October 19, 2015.


Treaty Update: Saudi Arabia - Gabon

23/9/2015

According to preliminary media reports, Saudi Arabia's Council of Ministers approved the signing of a DTA with Gabon.


Treaty Update: Kyrgyzstan - Saudi Arabia

31/7/2015

Kyrgyzstan has ratified the DTA signed with Saudi Arabia, the President's website said on July 22, 2015.


Treaty Update: Hong Kong - Saudi Arabia

5/6/2015

Hong Kong and Saudi Arabia held a third round of DTA negotiations on May 12-14, 2015.


Treaty Update: Jordan - Saudi Arabia

4/5/2015

Jordan and Saudi Arabia completed DTA negotiations on April 22, 2015.


Treaty Update: Portugal - Saudi Arabia

17/4/2015

Portugal and Saudi Arabia signed a DTA on April 8, 2015.


Treaty Update: Saudi Arabia - Belgium

8/1/2015

According to an update from the Saudi tax authority on December 29, 2014, Saudi Arabia and Belgium recently initialed a DTA following the second round of negotiations towards a DTA.


Treaty Update: Saudi Arabia - Macedonia

7/1/2015

In an update published on December 16, 2014, the Saudi tax authority confirmed that Saudi Arabia had signed a DTA with Macedonia.


Treaty Update: Kyrgyzstan - Saudi Arabia

5/12/2014

According to preliminary media reports, Kyrgyzstan signed a DTA with Saudi Arabia on December 2, 2014.


Treaty Update: Luxembourg - Saudi Arabia

18/9/2014

The DTA between Luxembourg and Saudi Arabia entered into force on September 1, 2014.


Treaty Update: Saudi Arabia - Algeria

20/8/2014

Saudi Arabia's Cabinet on August 18, 2014, approved a law to ratify the DTA signed with Algeria.


Treaty Update: Azerbaijan - Saudi Arabia

15/5/2014

Azerbaijan and Saudi Arabia signed a Protocol to amend their DTA on May 13, 2014.


Treaty Update: Egypt - Saudi Arabia

25/4/2014

Egypt and Saudi Arabia expect to soon sign a DTA after completing negotiations towards the agreement, it was announced on April 20, 2014.


Treaty Update: Saudi Arabia - Hungary

25/3/2014

Saudi Arabia and Hungary signed a DTA on March 24, 2014.


Treaty Update: Saudi Arabia - Various

13/2/2014

Saudi Arabia's Cabinet on February 10, 2014, approved the signing of a draft DTA with Egypt, and approved a draft DTA with Sweden.


Treaty Update: Sudan - Saudi Arabia

1/11/2013

Representatives from Sudan and Saudi Arabia meeting on October 29, 2013, agreed to sign a DTA before the end of 2013.


Treaty Update: Saudi Arabia - Hungary

12/6/2013

Saudi Arabia's Cabinet on May 14, 2013, approved the signing of a draft DTA with Hungary,


Treaty Update: Tajikistan - Saudi Arabia

29/5/2013

According to preliminary media reports on May 22, 2013, representatives from Tajikistan and Saudi Arabia have endorsed a draft DTA, and agreed to soon formally sign the agreement.


Treaty Update: Luxembourg - Saudi Arabia

10/5/2013

Luxembourg and Saudi Arabia on May 7, 2013 signed a DTA.


Treaty Update: Egypt - Saudi Arabia

1/5/2013

Egypt and Saudi Arabia agreed a DTA draft during negotiations on April 24, 2013.


Treaty Update: Czech Republic - Saudi Arabia

20/3/2013

The Czech Ministry of Finance on March 15, 2013, confirmed that the DTA signed with Saudi Arabia on April 25, 2012, will enter into force on May 1, 2013.


Treaty Update: Saudi Arabia - Sudan

12/3/2013

According to preliminary media reports, the Government of Saudi Arabia on March 4, 2013, endorsed the signing of a new DTA with Sudan.


Treaty Update: Ethiopia - Saudi Arabia

6/3/2013

Ethiopia and Saudi Arabia signed a DTA on February 28, 2013, the Ethiopian Government has confirmed.


Treaty Update: Saudi Arabia - Czech Republic

22/2/2013

Saudi Arabia's Cabinet on February 18, 2013, approved the DTA signed between the nation and the Czech Republic on April 25, 2012.


Treaty Update: Malta - Saudi Arabia

29/1/2013

The DTA and an accompanying Protocol signed between Malta and Saudi Arabia on January 4, 2012, became effective on January 1, 2013, after coming into force on December 1, 2012.


Treaty Update: Venezuela - Saudi Arabia

25/10/2012

Negotiators from Saudi Arabia and Venezuela have agreed to the text of a draft DTA during a recent round of negotiations.


Treaty Update: Saudi Arabia - Various

20/9/2012

Saudi Arabia's Cabinet approved the DTAs signed with Ireland and Malta, during its meeting on September 17, 2012.


Treaty Update: Ukraine - Saudi Arabia

20/9/2012

Ukraine's parliament, the Rada, on September 18, 2012, approved a law ratifying the pending DTA signed between Ukraine and Saudi Arabia.


Treaty Update: Sudan - Saudi Arabia

19/9/2012

According to preliminary media reports, Sudan and Saudi Arabia have held three days of negotiations towards a DTA, which concluded on September 18, 2012.


Treaty Update: Tunisia - Saudi Arabia

7/8/2012

According to preliminary media reports, the Tunisian government on July 31, 2012, approved and forwarded to parliament a law that would ratify the pending DTA signed between Saudi Arabia and Tunisia.


Treaty Update: Saudi Arabia - Ukraine

19/7/2012

The Saudi Cabinet on July 16, 2012, approved the DTA Saudi Arabia signed with the Ukraine on September 2, 2011.


Treaty Update: Saudi Arabia - France

2/7/2012

According to preliminary media reports, the DTA Protocol signed between Saudi Arabia and France entered into force on June 1, 2012.


Treaty Update: Ukraine - Saudi Arabia

29/6/2012

A draft law that would ratify the DTA signed between Saudi Arabia and Ukraine was forwarded to the Ukrainian parliament on June 25, 2012.


Treaty Update: Saudi Arabia - Poland

1/6/2012

According to preliminary media reports, the DTA signed between Saudi Arabia and Poland on February 22, 2011, entered into force on June 1, 2012.


Treaty Update: Saudi Arabia - Mexico

22/5/2012

According to preliminary media reports, Saudi Arabia and Mexico initialled a DTA on May 3, 2012.


Treaty Update: Saudi Arabia - Ireland

2/5/2012

Saudi Arabia's Shura Council on April 30, 2012, approved the DTA signed between Saudi Arabia and Ireland on April 9, 2012.


Treaty Update: Saudi Arabia - Czech Republic

27/4/2012

The Saudi Ministry of Finance has announced that Saudi Arabia and the Czech Republic signed a DTA on April 26, 2012.


Treaty Update: Saudi Arabia - Malta

18/4/2012

Saudi Arabia's lower house of parliament, the Majlis al-Shura, approved a law that would ratify the pending DTA between Malta and Saudi Arabia, and on April 9, 2012, forwarded it to King Abdallah for ratification.


Treaty Update: Saudi Arabia - Romania

29/3/2012

According to preliminary media reports, the Saudi government approved a law on March 26, 2012, that would ratify the pending DTA and accompanying Protocol signed between Saudi Arabia and Romania.


Treaty Update: Saudi Arabia - Poland

14/3/2012

The DTA signed between Saudi Arabia and Poland on February 22, 2012 was approved by the Saudi cabinet on March 6, 2012.


Treaty Update: Saudi Arabia - France

7/3/2012

According to preliminary media reports, the Saudi Cabinet on February 27, 2012, approved a law that would ratify the pending DTA Protocol between Saudi Arabia and France.


Treaty Update: France - Saudi Arabia

2/3/2012

The Saudi Cabinet on February 27, 2012, approved a Protocol to the DTA signed with France.


Treaty Update: Malta - Saudi Arabia

2/2/2012

According to preliminary media reports, Malta and Saudi Arabia signed a DTA on January 2, 2012.


Treaty Update: Jordan - Saudi Arabia

29/12/2011

Jordan and Saudi Arabia held the first round of negotations towards a double tax agreement on December 22, 2011.


Treaty Update: Ireland - Saudi Arabia

21/10/2011

A DTA between Ireland and Saudi Arabia was signed on October 19, 2011, in Riyadh.


Treaty Update: Romania - Saudi Arabia

28/9/2011

According to preliminary media reports, the Romanian government has approved a draft law ratifying the pending DTA and accompanying Protocol signed between Romania and Saudi Arabia.


Treaty Update: Ukraine - Saudi Arabia

8/9/2011

According to preliminary media reports, a DTA was signed between Ukraine and Saudi Arabia on September 2, 2011.


Treaty Update: Japan - Saudi Arabia

26/7/2011

On July 17, 2011, Japan informed the government of Saudi Arabia that all internal procedures bringing the bilateral DTA signed on November 15, 2010, into force, had been completed. The DTA will enter into force on September 1, 2011.


Treaty Update: Singapore - Saudi Arabia

8/7/2011

The DTA between Singapore and Saudi Arabia entered into force on July 1, 2011. The treaty was signed on May 3, 2010, and will have effect from January 1, 2012. The DTA provides maximum rates for dividend, interest and royalty withholding taxes, and adheres to the internationally agreed standard for the exchange of tax information.


Treaty Update: Bangladesh - Saudi Arabia

22/6/2011

According to preliminary media reports, the Bangladesh government has announced the ratification of three double tax agreements, with Myanmar, signed on October 7, 2008; with the UAE, signed on January 17, 2011; and with Saudi Arabia signed on January 4, 2011.


Treaty Update: India - Saudi Arabia

14/6/2011

Indian cabinet ratified, according to media reports


Treaty Update: Saudi Arabia - Kazakshstan

8/6/2011


Treaty Update: Singapore - Saudi Arabia

1/6/2011

The DTA was signed on May 30, 2010, and enters into force on July 01, 2011, with effect from January 1, 2012. In Saudi Arabia, the DTA covers the Zakat, income tax, including the natural gas investment tax. In Singapore, the DTA covers income tax. The DTA provides permanent establishment, resident, immovable property rules, and for the elimination of double taxation and the exchange of information. Dividend withholding tax is limited to 5%. Royalties withholding tax is limited to 8%. Interest is exempt from withholding tax.


Treaty Update: Morocco - Saudi Arabia

26/5/2011

Draft version, Saudi signature pending


Treaty Update: Singapore - Saudi Arabia

26/5/2011

The DTA was signed on May 30, 2010, and is to enter into force on July 1, 2011, 01.07.11, with effect from January 1, 2012. In Saudi Arabia, the DTA covers the Zakat, income tax, including the natural gas investment tax. In Singapore, the DTA covers income tax. The treaty provides permanent establishment rules. Dividend withholding tax limited to 5%. Interest is exempt from withholding tax. Royalties withholding tax limited to 8%. The treaty also provides for the exchange of information relevant to the carrying out of the DTA.


Treaty Update: Romania - Saudi Arabia

25/5/2011

Press release contained very little additional information on the nature of the DTA.


Treaty Update: Saudi Arabia - Turkmenistan

1/1/1900

Saudi Arabia and Turkmenistan have signed a DTA, the Saudi Ministry of Foreign Affairs has confirmed.




Treaty Updates by Territory


Latest News


Saudi Arabia Joins MAT Convention 31/8/2014
On August 25, 2014, Prince Muqrin bin Abdulaziz, Deputy Crown Prince of Saudi Arabia, approved the Kingdom of Saudi Arabia's accession to the Organization for Economic Cooperation and Development's Multilateral Convention on Mutual Administrative Assistance in Tax Matters.

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Luxembourg Implements Administrative Assistance Directive 9/10/2013
Luxembourg's Governing Council has adopted a bill approving a series of tax accords with key treaty partner states, and has backed a draft law transposing Article 8 of the European Council Directive on administrative assistance in tax matters.

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G20 Forging Ahead With Anti-Avoidance Action 9/9/2013
The G20 group of nations has endorsed plans to make the automatic exchange of tax information the global standard, and agreed to steps for cracking down on base erosion and profit shifting.

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French Senate Backs Oman DTA Protocol 12/2/2013
The French Senate has recently adopted a bill authorizing the approval of a protocol to the bilateral agreement between France and Oman aimed at avoiding double taxation.

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Tunisian Lawmakers Back Saudi Arabia, Vietnam DTAs 11/1/2013
Tunisia’s National Constituent Assembly has recently adopted two bills providing for the approval of the bilateral tax accords between Tunisia and Saudi Arabia and between Tunisia and Vietnam.

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Malta, Saudi Arabia To Sign Double Tax Pact 4/1/2012
Malta and Saudi Arabia are to sign a double tax agreement during the official visit of Malta's Deputy Prime Minister and Minister for Foreign Affairs, Tonio Borg, the Maltese government said on January 2.

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Singapore, Saudia Arabia DTA Comes Into Effect 15/7/2011
The Ministry of Trade and Industry has announced that Singapore’s comprehensive double taxation agreement with the Kingdom of Saudi Arabia, which entered into force on July 1, 2011, provides a range of new tax benefits for both Saudi Arabian and Singapore businesses.

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Singapore, Saudi Arabia DTA Enters Into Force 31/5/2011
Singapore’s double taxation agreement with Saudi Arabia, which was signed on May 3, 2010, and provides for tax exemption in the country of source on profits derived from the operations of ships or aircraft in international traffic, will enter into force on July 1 this year.

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Romania Signs DTA With Saudi Arabia 3/5/2011
During the first visit by the Romanian Minister for Foreign Affairs, Teodor Baconschi to Saudi Arabia, the diplomat signed a convention for the avoidance of double taxation with his Saudi counterpart Prince Saud Al Faisal.

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Saudi Arabia And Bangladesh Sign Tax Agreement 11/1/2011
Saudi Arabia and Bangladesh have signed an agreement for the avoidance of double taxation. The accord was signed by Faruk Khan, the visiting Bangladeshi minister of commerce, and Hamad S. Al-Bazai, Saudi Vice Minister of Finance.

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Netherlands Notes Tax Agreements' Entry Into Force 30/12/2010
The Netherlands government has announced the ratification of a revised double tax agreement with the United Kingdom, approved by the Netherlands’ Senate in late December.

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Tunisia, Saudi Arabia Sign DTA 14/7/2010
Tunisia’s Finance Minister Ridha Ghalghoum and his Saudi Arabian counterpart Ibrahim Bin Abdulaziz Al-Assaf have signed a bilateral double taxation agreement designed to stimulate trade and investment between the two countries, and to promote an exchange of expertise.

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Singapore, Saudi Arabia Sign DTA 5/5/2010
In Riyadh, Singapore’s Minister for Foreign Affairs, George Yeo, and Saudi Arabia’s Minister of Finance, Ibrahim A. Al-Assaf, have signed an agreement for the avoidance of double taxation between their respective countries.

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Vietnam, Saudi Arabia Sign DTA 15/4/2010
During his recent visit to Saudi Arabia, Vietnam’s President, Nguyen Minh Triet, together with King Abdullah, witnessed the signing of three agreements designed to promote economic cooperation and investment between the two countries.

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Hong Kong Property Taxes Reviewed 16/3/2010
Hong Kong’s Financial Secretary, John C Tsang, made the traditional post-budget speech at the Joint Business Community Luncheon on March 12 and, in particular, reviewed the tax measures taken to increase the transaction cost of property speculation so as to reduce the risk of a property bubble being created.

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NZ Emissions 'Tax' Attacked 15/3/2010
The ACT New Zealand Party, a member of the country’s present coalition government, has continued its opposition to New Zealand’s new carbon emissions trading scheme, calling it a tax that will increase inflation in the economy.

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Orascom Loses Algerian Tax Appeal 12/3/2010
Egyptian telecom company, Orascom Telecom, has announced that its Algerian subsidiary, Orascom Telecom Algérie, has received a rejection to its appeal, made in December last year, against the notice for taxes and penalties it had received from the Algerian tax authorities the month previously.

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Switzerland, Slovakia Initial Revised DTA 12/3/2010
It has recently emerged that Switzerland and Slovakia have initialled a revised bilateral double taxation agreement, containing the Organization for Economic Cooperation and Development’s standard on tax information exchange.

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UK Budget To Hit The Rich 12/3/2010
Wealthy individuals may have less than two weeks to put plans in place to reduce the tax impact of the Chancellor’s pre-election Budget, warns PKF Accountants and business advisers.

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OECD Urges Fiscal Policy Shift 12/3/2010
Governments must now gear their economies towards jobs, international competitiveness and increasing the tax-take, the Organization for Economic Cooperation and Development has said in its latest ‘Going for Growth’ report, analyzing the next step for recovering economies.

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Jersey Riding Out Onshore Storm 15/3/2010
Jersey will overcome the evolving challenges being faced by offshore international financial centres, Geoff Cook, Chief Executive of Jersey Finance, told participants at a Breakfast Briefing in London.

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BVI To Review Taxes And Fees 15/3/2010
British Virgin Islands Prime Minister, Ralph O’Neal has said that the territory will run a budget surplus during 2010, although the government still intends to review indirect taxes and fees on financial services.

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Germany Approves Liechtenstein TIEA 15/3/2010
Germany’s Cabinet has recently approved a bill pertaining to the bilateral tax information exchange agreement with Liechtenstein.

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UAE Completes VAT Study 12/3/2010
Authorities in the United Arab Emirates are inching closer to the introduction of a value-added tax.

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Malaysia Not Cancelling GST 12/3/2010
After a government meeting, Malaysia’s Second Finance Minister, Datuk Seri Ahmad Husni Hanadzlah, has rejected any suggestion that the proposed introduction of a goods and services tax has been cancelled.

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