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Malta ratifies Double Tax Treaty with Bahrain

Malta has ratified the double tax treaty agreement with Bahrain, which has now entered into force as of 28 February 2012. Double tax treaty between Malta and Bahrain had been signed in April 2010, which agreement has been ratified by Bahrain in December 2011.

The agreement, which will eliminate hinderances stemming from double taxation, will act as a further catalyst for the flow of investments between the two countries. The signing of the agreement with Bahrain means that Malta has entered into double tax treaties with an increasing number of jurisdiction in the Persian Gulf. Apart from Bahrain, Malta not has Double Tax Treaty Agreement with Qatar, the United Arab Emirates and Kuwait, in addition to the Convention on the Avoidance of Double Taxation signed with Saudi Arabia on 4 January 2012.

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