HM King signs law to eliminate double taxation in new era of cooperation

TDT | Manama

Email: mail@newsofbahrain.com

His Majesty King Hamad bin Isa Al Khalifa ratified and issued Law (8) of 2025, approving the agreement between the governments of the Kingdom of Bahrain and the United Arab Emirates on eliminating double taxation on income taxes and preventing tax evasion and avoidance.

The law was enacted following its approval by the Shura Council and the Council of Representatives.

Earlier this year, the Shura Council approved a mutual taxation agreement with the UAE, aimed at avoiding double taxation and fostering investment between the two countries.

The agreement plays a key role in creating a stable investment environment, eliminating tax barriers, and enhancing transparency to combat tax evasion.

His Excellency Shaikh Salman bin Khalifa Al Khalifa, Finance and National Economy Minister, highlighted the UAE’s $2 billion investments in the Kingdom.

This includes major trade and business activity, along with 1,200 Bahraini companies with UAE investors, and more than $1 billion in exports and imports annually between the two countries.

Digital cooperation HM the King ratified and issued Law (9) of 2025 on the approval of the Digital Cooperation Organisation Charter, following its approval by the Shura Council and the Council of Representatives.

The charter, attached to this law, was signed in Manama on 8 Rabi’ Al Akhar 1442 AH, corresponding to November 23, 2020.

The agreement, attached to this law, was signed in Dubai on February 11, 2024.

The Prime Minister and ministers, each in their capacity, shall implement the provisions of this law, which shall take effect the day after its publication in the Official Gazette.