NAIROBI, Kenya – Kenya has signed a bilateral agreement with Belgium to eliminate double taxation and curb tax evasion, a move expected to enhance trade and investment between the two countries.
The agreement was sealed on Tuesday, September 30, at the National Treasury in Nairobi, where Treasury Cabinet Secretary John Mbadi and Belgium’s Ambassador to Kenya, Peter Maddens, presided over the signing.
CS Mbadi said the deal will provide tax certainty and fairness for businesses and individuals operating across the two nations.
He noted that the framework eliminates double taxation, creates predictability in tax matters, and establishes stronger safeguards against tax evasion.
“This signing builds on the momentum of the 2024 Kenya-Belgium Political Consultations in Brussels, during which both countries reaffirmed their commitment to broaden cooperation in trade and investment,” Mbadi said.
The Cabinet Secretary added that the agreement will encourage fresh bilateral investment, while highlighting Kenya’s strong economic performance.
He pointed out that the country’s nominal GDP reached Sh15 trillion ($121.3 billion) in 2024, driven by a robust services sector, sound macroeconomic policies, and Kenya’s position as a regional trade and logistics hub.
Ambassador Maddens welcomed the pact, calling it a strategic milestone in Kenya-Belgium relations.
He said it closes a major gap in the bilateral framework and will open up new avenues for business and investment.
The Belgium deal comes a week after Kenya signed a similar double taxation avoidance agreement with the Czech Republic, underscoring the government’s push to streamline cross-border tax policies and attract more foreign investment.
