Zagreb - MPs on Friday supported the ratification of agreements on the avoidance of double taxation, the prevention of tax evasion, and the avoidance of tax non-payment between Croatia and Saudi Arabia, as well as between Croatia and Liechtenstein.
These agreements aim to enhance legal certainty and strengthen mutual economic cooperation.
Tereza Rogić Lugarić, state secretary at the Ministry of Finance, said Croatia currently enforces 70 agreements on the avoidance of double taxation.
"Croatia and Saudi Arabia wish to increase future cooperation between the two countries and their respective business sectors," she said.
She informed parliament that Saudi Arabia had completed its ratification process, allowing the agreement to enter into force on 1 January 2026.
By ratifying the agreement with Liechtenstein, which eliminates double taxation on income and property and seeks to prevent tax evasion and non-payment, economic cooperation is being promoted and existing bilateral relations are being deepened, Rogić Lugarić said.
She noted that while trade between Croatia and Liechtenstein is currently modest, the economic relationship is positive and there is considerable room for growth.
There will be no plenary session of parliament next week due to the second round of local elections on 1 June. MPs will return to the chamber the following day and will remain in session until 15 July, when the summer recess begins.