Kenya and Belgium have signed a formal agreement of the Avoidance of Double Taxation (DTA) to boost economic ties.

This event happened at the National Treasury building which marked a very important and crucial step in deepening of bilateral economic and investment relations between the two nations.

The DTA agreement was signed by  National Treasury CS John Mbadi on behalf of the Republic of Kenya, and by Belgium’s Ambassador to Kenya, Peter Maddens, on behalf of the Kingdom of Belgium.

“On behalf of Kenyan govt, I today signed an Agreement for the Avoidance of Double Taxation with Belgium govt led by their Ambassador to Kenya Peter Maddens at the National Treasury building; a testament to the deepened bilateral economic ties between the two nations,” Mbadi stated.

CS Mbadi Highlights the Importance of DTA

Mbadi said DTA is a modern framework designed to bring predictability and fairness in the taxation of cross border income.

According to Mbadi, DTA champions for the elimination of double taxation and helps in tax evasion.

He also noted that the Agreement would not only establish a more transparent tax environment but also stimulate bilateral investment flows while further consolidating the enduring friendship between Kenya and Belgium.

The agreement is built on the momentum of the 2024 Kenya-Belgium Political Consultations in Brussels where both countries vowed their interest and commitment to work together to widen cooperation in trade and investment.

Mbadi underscored Kenya’s economic resilience which has drastically improved having a nominal GDP of USD 121.3 billion in 2024 alone.

This figure was achieved through prudent macroeconomic management, a diversified production base and robust services sector.

According to Mbadi, Kenya’s strategic position and location as regional hub and its skilled human capital is unmatched advantages that motivates investors seeking entry to Sub-Saharan Africa.

Belgium’s Reason to Partner with Kenya

Ambassador Peter, described the Agreement as a strategic achievement that fills a critical gap in the diplomatic and economic architecture between the two nations.

He also noted that Belgium views Kenya’s flourishing economy stands out as leading investment destination on the continent due to it’s compelling and admirable opportunities in sectors such as horticulture, manufacturing, renewable energy, and ICT.

DTA is expected to foster and strengthen good economic cooperation, boosts the investor’s confidence and revive a new chapter in the Kenya-Belgium partnership.

National Treasury CS Mbadi signing an agreement of DTA between Kenya and Belgium on September 30 2025. PHOTO/ Mbadi X