Qatar ratifies DTA with Seychelles

Posted in Double Taxation Agreements at 9:10 pm by Robert Klien

According to the Qatari English language daily, on April 4, 2008, Sheikh Tamim bin Hamad Al Thani, the Deputy Emir of Qatar, issued a decree ratifying a double taxation avoidance agreement (DTA) between the Seychelles and Qatar.

The double taxation avoidance agreement was signed by representatives of the Seychelles and Qatari governments in July 2006. This DTA allows investments made in one of the two jurisdictions from the other one to qualify for tax breaks on dividends and royalty payments.

Following a visit by Seychelles President James Michel to Qatar earlier in 2006, the agreement has come into being. The talks were aimed to enhance investment links between the Seychelles and Qatar. They came a few days after the Seychelles had concluded a similar double taxation agreement with Cyprus.

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