Wednesday, March 26 2025 13:02
Alexandr Avanesov

Armenia, Hong Kong to cooperate on matters concerning the prevention  of double taxation

Armenia, Hong Kong to cooperate on matters concerning the prevention  of double taxation

ArmInfo.  Armenia and Hong Kong, a Special Administrative Region of China, will cooperate on matters concerning the prevention of double taxation and  tax  evasion.  The National Assembly of the Republic of Armenia ratified  the relevant draft agreement at a plenary session on March 26.

According to Deputy Minister of Finance of the Republic of Armenia  Arman Poghosyan, the document was signed in Yerevan on June 24, 2024.  Ratifying the agreement will facilitate the growth of trade in goods  and services, as well as the flow of capital, technology and people  between the Republic of Armenia and Hong Kong, fostering economic  ties.  It should be noted that the Chinese side has already ratified  the submitted document.