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ARTICLE · 01 MAY 2013

Guernsey Signs DTA With Hong Kong

Guernsey has signed a Double Taxation Arrangement (DTA) with Hong Kong.

GuernseyWealth Management

Guernsey has signed a Double Taxation Arrangement (DTA) with Hong Kong.

It means that Guernsey has now signed 'full' DTAs with seven jurisdictions. In addition to this DTA with Hong Kong, Guernsey has had a DTA with the UK for many years and has signed DTAs with Malta, in 2012, and earlier this year with the Isle of Man, Jersey, Qatar and Singapore.

The DTA with Hong Kong was signed for Guernsey by the Chief Minister, Peter Harwood, who commented that this was a further important step in growing the business links between Guernsey and the Far East. 

The Chief Minister said: "I am delighted to further strengthen our relationship with Hong Kong. The signing of this DTA, combined with the visit of the Chinese Ambassador to the UK to Guernsey this week, recognises the importance attached to Guernsey's business relationship with the Far East. The agreement is expected to bring significant commercial benefits to our finance sector, resolving issues relating to

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