The income tax treaty between Bahrain and Portugal entered into force on 1 November 2016. The treaty, signed 26 May 2015, is the first of its kind between the two countries.
Taxes Covered
The treaty covers Bahrain income tax payable under Amiri Decree No. 22/1979, and Portuguese personal income tax, corporate income tax, and surtaxes on corporate income tax.
Hydrocarbon PE
The treaty includes the provision that a permanent establishment will be deemed constituted if, for a period of mor…