• Hong Kong - Romania
    Tax Treaty Signed

    20-11-2015

    On 18 November 2015, Hong Kong and Romania signed an Income Tax Treaty.

    The treaty will come into force after the two countries exchange ratification instruments. The provisions of the treaty will have effect from 1 January of the calendar year next following that in which the agreement enters into force.

    In accordance with the treaty, the following withholding taxes will apply:

    • Dividends:
      • 3% if the beneficial owner is a company (other than a partnership) which holds directly at least 15% of the capital of the company paying the dividends;
      • 5% in all other cases.

    • Interest: 3%.

    • Royalties: 3%.
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Maastricht University - 5th Global Tax Policy Conference: Tax Policy after BEPS, what can be expected? On 6 September 2019 at the Royal Museums of Arts and History in Brussels, Prof. Dr Hans van den Hurk, chairman of the Annual Global Tax Policy Conference of the Maastricht Centre for Taxation (Maastricht University) with his esteem speakers are addressing the above question.

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