Croatia and Saudi Arabia signed a treaty to eliminate double taxation and boost trade and investment between the two nations on 4 December 2024.
Croatia published the law ratifying the income and capital tax treaty with Saudi Arabia in the Official Gazette on 16 June 2025.
This treaty, signed on 4 December 2024, is the first of its kind between the two nations. The agreement aims to eliminate double taxation and enhance trade and investment between the two countries.
It will take effect once ratification instruments are exchanged and will apply from 1 January of the following year.
Earlier, Croatia’s Parliament passed the law to ratify the income and capital tax agreement with Saudi Arabia on 6 June 2025.