Croatia and Hong Kong signed an agreement to avoid double taxation of income and property, and prevent tax evasion in a bid to boost bilateral trade of goods and services, the Croatian finance ministry said.
The deal was signed during a visit by Croatian finance minister Marko Primorac to Hong Kong, the finance ministry said in a press release on Friday.
Croatia’s exports of goods to Hong Kong rose 44% on the year to 12.50 million euro ($13.5 million) in the first 10 months of 2023, the Croatian statistical office said earlier this month. Croatia imported 2.2 million euro worth of goods from Hong Kong in the review period, down from 4.6 million euro in the same period of 2022.
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