The Bahrain Council of Representatives approved the ratification of the income tax treaty with the United Arab Emirates (UAE) on 3 December 2024.
Bahrain’s ratification of the two agreements on income taxes and the prevention of tax evasion and avoidance is part of ongoing efforts to enhance cooperation on tax issues and eliminate double taxation on income.
The treaty was signed on 11 February 2024 is a first of its kind between the two nations.It will come into effect on the first day of the second month following the exchange of ratification instruments, and will be applicable starting from 1 January of the subsequent year.
