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Tax Treaty between Croatia and Hong Kong has Entered into Force

27 December 2024

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Treaty Development

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Croatia-Hong Kong

The income tax treaty between Croatia and Hong Kong entered into force on 20 December 2024. The treaty, signed 24 January 2024, is the first of its kind between the two jurisdictions. Taxes Covered The treaty covers Croatian profit tax, income tax, surtax on income tax, and tax on vacation houses. It covers Hong Kong profits tax, salaries tax, and property tax. Withholding Tax Rates Dividends - 5%, with an exemption for dividends paid to the government of a Contracting Party and government-owned entities as may be agreed, as well as the Croatian National Bank and Bank for Reconstruction and...