Maldives and Hong Kong Sign Double Tax Avoidance Deal

Maldives has signed a Double Tax Avoidance (DTA) Agreement with Hong Kong, further strengthening its international tax network.
The agreement was signed on Monday by Commissioner General of Taxation Hassan Zareer and Hong Kong’s Inland Revenue Commissioner Sze Wai Benjamin Chan during the Asia Initiative meeting.

According to the Maldives Inland Revenue Authority (MIRA), the deal aims to prevent double taxation, protect the rights of taxpayers in both countries, and reduce the risk of tax fraud.
MIRA noted this as a key step in improving bilateral tax cooperation and enhancing transparency between the two tax authorities.

This is the latest in a series of DTA agreements signed by Maldives. Previous deals include those with India in 2016, the UAE in 2017, Bangladesh in 2021, and Malaysia in 2024.
MIRA continues to work on expanding its tax treaty network to support a stronger and more transparent tax system in the country.