Nigeria and the Hong Kong Special Administrative Region of China have signed a Double Taxation Agreement aimed at boosting trade, attracting investment, and strengthening economic cooperation between both jurisdictions.
The agreement is designed to eliminate double taxation on income, prevent tax evasion and avoidance, and provide greater certainty for businesses and investors operating in both economies.
The Federal Government said the treaty forms part of its broader strategy to expand Nigeria’s network of tax agreements, promote international tax cooperation, attract foreign investment, and deepen trade relations with key global partners, particularly across Asia.
