New Double Taxation Agreement between Singapore and Laos

It is reported in the IRAS’ website on 24 February 2014 that Singapore has entered into a Double Taxation Agreement (“DTA“) with Laos on 21 February 2014.

The DTA will encourage and facilitate cross-border trade and investment between Singapore and Laos by providing greater clarity on taxing rights and minimising the scope of double taxation between the two countries. Amongst other provisions, the DTA provides for lower withholding tax rates on cross-border payments of dividends (5%/8%), interest (5%) and royalties (5%).

Kindly note that the DTA will enter into force after its ratification by both jurisdictions.

If you have any questions regarding the above, please contact me at

Be Well!


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