Double Tax Treaties in India
Updated on Friday 17th January 2020
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The double taxation treaties signed by India are enforced with the purpose of avoiding the double taxation of the same assets (sources of income) belonging to a natural person or a legal entity which can be taxed in two different countries. Persons interested in starting a company in India can benefit from the provisions of the double taxation agreements signed by the country’s representatives, as long as they are tax residents in one of the jurisdictions with which India has concluded this type of treaty. Our team of consultants in company registration in India can provide in-depth assistance on the tax treaties available here.
Indian double tax treaties
At the moment, India has signed 88 double tax treaties (DTTs) with its partners, out of which 85 are already in force.
Businessmen who want to open a company in India will benefit from the provisions of the double tax treaties if they are tax residents in one of the following countries: Armenia, Australia, Austria, Bangladesh, Belarus, Belgium, Botswana, Brazil, Bulgaria, Canada, China, Cyprus, Czech Republic, Denmark, Egypt, Estonia, Ethiopia, Finland, France, Georgia, Germany, Greece, Jordan, Hungary, Iceland, Indonesia, Ireland, Israel, Italy, Japan, Kazakhstan, Kenya, Korea, Kuwait, Kyrgyz Republic, Libya, Lithuania, Luxembourg, Malaysia, Malta, Mauritius, Mongolia, Montenegro, Morocco, Mozambique, Myanmar, Namibia, Nepal, Netherlands, New Zealand, Norway, Oman, Philippines, Poland, Portugal, Qatar, Romania, Russia, Saudi Arabia, Serbia, Singapore, Slovenia, South Africa, Spain, Sri Lanka, Sudan, Sweden, Switzerland, Syria, Tajikistan, Tanzania, Thailand, Trinidad and Tobago, Turkey, Turkmenistan, United Arab Emirates, Uganda, United Kingdom, Ukraine, Mexico, United States of America, Uzbekistan, Vietnam, Zambia.
Our team of agents in company formation in India can provide in-depth assistance on the tax benefits deriving from the double tax treaties signed with the above mentioned contracting states. Our representatives can also inform on other types of taxes available in this country, such as the Indian VAT.
Tax advantages under the Indian DTTs
The DTTs in India establish the methodology through which the tax residents of a contracting state can benefit from tax reliefs. Investors who want to register a company in India can obtain tax reliefs on the withholding tax, but it is necessary to obtain a tax residency certificate issued by the country of residence to benefit from the tax deductions available under these agreements.
Investors are invited to contact our team of specialists in company formation in India for advice on a specific DTT signed in this country.