The Hong Kong Inland Revenue Department announced on 18 March 2025 that the first round of income tax treaty talks between Barbados and Hong Kong will take place from 24 to 28 March 2025.
The agreement between Hong Kong and Barbados aims to eliminate double taxation on income and capital while addressing tax evasion and avoidance.
Any resulting treaty would mark the first of its kind between the two jurisdictions and must be finalised, signed, and ratified before entering into force.