Taxation agreement signed by Hong Kong and Mauritius
A comprehensive double taxation agreement (CDTA) was signed by Hong Kong and Mauritius on the 7th November 2022. The CDTA will enter into force after completion of the ratification procedures in both Mauritius and Hong Kong.
The main benefits under the CDTA are the elimination of withholding tax on consultancy fees, tax exemption for business profits in the absence of a permanent establishment, reduced of withholding tax rates on royalties and interest. In addition, this CDTA will enable investors to better assess their potential tax liabilities from cross border economic activities.
The CDTA can be accessed via this link:
https://www.ird.gov.hk/eng/pdf/Agreement_Mauritius_HongKong.pdf