Bahrain ratified the Bahrain-Hong Kong income tax agreement (2024) through Law No. 7/2025, as published in Official Gazette No. 3798 on 27 February 2025.
The law came into force on 28 February 2025.
Earlier, Bahrain’s Council of Representatives approved the ratification of the income tax treaty with Hong Kong on 3 December 2024.
Signed on 3 March 2024, the Hong Kong-Bahrain income tax treaty is the first between the two countries. This agreement aims to eliminate double taxation on income and capital between both countries and prevent tax avoidance and evasion.