Doing Business in India, Setting up IT/Software Company in India, Staring in Business in IT

Detail Table of withholding tax in India under DTA agreement

	Dividend [not being covered by section 115-O]		Interest		Royalty		Fees for technical service
	Right of State to tax	Tax rate	Right of State to tax	Tax rate	Right of State to tax	Tax rate	Right of State to tax	Tax rate
Armenia	Both	10%	Both	10%	Both	10%	Both	10%
Australia	Both	15%	Both	15%	Both	[Note 3]	Both	[Note 3]
Austria	Both	10%	Both	10%	Both	10%	Both	10%
Bangladesh	Both	10% (if at least 10% of the capital of the company paying the dividend is held by the recipient)	Both	10% [Note 2	Both	10%	No separate provision
Bangladesh	Both		Both	10% [Note 2	Both	10%
Belarus	Both	10% if paid to a company holding 25% shares; otherwise 15%	Both	10% [Note 2	Both	15%	Both	15%
Belgium	Both	15%	Both	15% (10% if granted by a bank)	Both	10%	Both	10%

Brazil	Both	15%	Both	15% [Note 2]	Both	25% for use of trademark; 15% for others	No separate provision
Brazil	Both	15%	Both	15% [Note 2]	Both	25% for use of trademark; 15% for others
Bulgaria	Both	15%	Both	15% [Note 2]	Both	15% of royalty relating to literary, artistic, scientific works other than films or tapes used for radio or television broad-casting; 20% in other cases	Both	20%
Canada	Both	15% if at least 10% of the shares of the company paying the dividends is held by the recipient of dividend; 25% in other cases	Both	15% [Note 2]	Both	10%-20%	Both	10%-20%
China	Both	10%	Both	10% [Note 2]	Both	10%	Both	10%
Cyprus	Both	10% if at least 10% of the capital of the company paying dividend is held by the recipient, 15% in all other cases	Both	10% [Note 2]	Both	15%	Both	10%

Czeck Republic	Both	10%	Both	10% [Note 2]	Both	10%	Both	10%
Denmark	Both	15% if at least 25% of the shares of the company paying the dividend is held by the recipient; 20% in other cases	Both	10% if loan is granted by bank; 15% for others [Note 2]	Both	20%	Both	20%
Germany	Both	10%	Both	10% [Note 2]	Both	10%	Both	10%
Finland	Both	15%	Both	10% [Note 2]	Both	15%-20% during 1997-2001, 15% for subsequent years; 10% for equipment royalty	Both	Same as in case of royalty
France	Both	10%	Both	10%	Both	10%	Both	10%
Greece	Source	20%	Source	20%	Source	30%	No separate provision
Hungary	Both	10%	Both	10%	Both	10%	Both		10%
Indonesia	Both	10% if at least 25% of the shares of the company paying the dividend is held by the recipient; 15% in other cases	Both	10% [Note 2]	Both	15%	No separate provision

Ireland	Both	10%-15%	Both	10% [Note 2]	Both	10%	Both	10%
Israel	Both	10%	Both	10% [Note 2]	Both	10%	Both	10%
Italy	Both	15% if at least 10% of the shares of the company paying dividend is beneficially owned by the recipient company; 20% in other cases	Both	15% [Note 2]	Both	20%	Both	20%
Japan	Both	15%	Both	10% if the recipient of interest is bank; 15% for others [Note 2]	Both	20%	Both	20%
Jordan	Both	10%	Both	10% [Note 2]	Both	20%	Both	20%
Kazakstan	Both	10%	Both	10% [Note 2]	Both	10%	Both	10%
Kenya	Both	15%	Both	15% [Note 2]	Both	20%	Both	17.5%
Korea	Both	15% if at least 20% of the capital of the company paying dividend is held by the recipient; 20% in other cases	Both	10% if interest is paid to a bank; 15% for others [Note 2]	Both	15%	Both	15%

Kyrgyz Republic	Both	10%	Both	10%	Both	15%	Both	15%
Libyan Arab Jamahiriya	Source	20%	Source	20%	Source	30%	No provision
Malaysia	Both	10%	Both	10%	Both	10%	Both	10%
Malta	Both	10% if at least 25% of the shares of the company paying dividend is held by the recipient company; 15% in other cases	Both	10% [Note 2]	Both	15%	Both	10%
Mangolia	Both	15%	Both	15% [Note 2]	Both	15%	Both	25%
Mauritius	Both	5% if at least 10% of the capital of the company paying the dividend is held by the recipient; 15% in other cases	Both	20% [Note 2]	Both	15%	No separate provision

Morocco	Both	10%	Both	10% [Note 2]	Both	10%	Both	10%
Namibia	Both	10%	Both	10% [Note 2]	Both	10%	Both	10%
Nepal	Both	10% if at least 10% of the shares of the company paying the dividend is held by the recipient; 20% in other cases	Both	10% if interest is paid to bank 15% for others [Note 2]	Both	15%	No separate provision
Netherlands	Both	10%	Both	10% [Note 2]	Both	10-20%	Both	10-20%
New Zealand	Both	15%	Both	10% [Note 2]	Both	10%	Both	10%
Norway	Both	15% if at least 25% of the capital of the company paying the dividend is held by the recipient; 20% in other cases	Both	15% [Note 2]	Both	10%	Both	10%
Oman	Both	10% if at least 10% of shares are held by the recipient; 12.5% in other cases	Both	10% [Note 2]	Both	15%	Both	15%

Philippines	Both	15% if at least 10% of the shares of the company paying the dividend is held by the recipient; 20% in other cases	Both	10% if interest is received by a financial institution or insurance company; 15% in other cases	Both	15% if it is payable in pursuance of any collab- oration agreement approved by the Govern-ment of India
Poland	Both	15%	Both	15% [Note 2]	Both	22.5%	Both	22.5%
Portuguese Republic	Both	10%	Both	10%	Both	10%	Both	10%
Quatar	Both	5%-10%	Both	10% [Note 2]	Both	10%	Both	10%
Romania	Both	15% if at least 25% of the shares of the company paying the dividend is held by the recipient; 20% in other cases	Both	15% [Note 2]	Both	22.5%	Both	22.5%
Russian Federation	Both	10%	Both	10% [Note 2]	Both	10%	Both	10%
Singapore	Both	10% if at least 25% of the shares of the company paying the dividend is held by the recipient; 15% in other cases	Both	10% if loan is granted by a bank/ similar institute including an insurance company; 15% for others	Both	15% for copyrights; 10% for others	Both	15% for copyrights; 10% for others

South Africa	Both	10%	Both	10% [Note 2]	Both	10%
Spain	Both	15%	Both	15% [Note 2]	Both	[Note 4]	Both	10%
Srilanka	Both	15%	Both	10% [Note 2]	Both	10%	Both	[Note 4]
Sudan	Both	10%	Both	10%	Both	10%	Both	10%
Sweden	Both	10%	Both	10% [Note 2]	Both	10%	No separate provision
Swiss	Both	10%	Both	10% [Note 5]	Both	10%	Both	10%
Syria	Resid-ence	Nil	Both	7.5% [Note 2]	Both	10%	Both	10%
Tanzania	Both	10% if at least 10% of the shares of the company paying the dividend is held for a period of at least 6 months prior to the date of payment of the dividend; 15% in other cases	Both	12.5%	Both	20%	No separate provision
Thailand	Both	15% if dividend is paid by an industrial company and at least 10% of capital of such company is held by the recipient; 20% in other cases	Both	10% for financial institutions and insurance company; 20% for others [Note 2]	Both	15%	No separate provision

Trinidad and Tobago	Both	10%	Both	10% [Note 2]	Both	10%
Turkey	Both	15%	Both	10% if recipient is bank, etc.; 15% in other cases [Note 2]	Both	15%	Both	15%
Turkmenistan	Both	10%	Both	10% [Note 2]	Both	10%
Uganda	Both	10%	Both	10%	Both	10%	Both	10%
Ukraine	Both	10%-15%	Both	10% [Note 2]	Both	10%	Both	10%
United Arab Emirates	Both	5% if at least 10% of the capital of the company paying dividend is held by the	Both	5% if loan is granted by a bank/ similar financial institute; 12.5% for others	Both	10%	Both	10%
United Arab Emirates	Both		Both		Both	10%		10%
		recipient; 15% in other cases					No separate provision
United Arab Republic	Source	20%	Source	20%	Source	30%	No separate provision
United Kingdom	Both	15%	Both	10% if interest is paid to a bank; 15% for others [Note 2]	Both	[Note 3]	Both	[Note 3]

United States	Both	15% if at least 10% of the voting stock of the company paying the dividend is held by the recipient; 20% in other cases	Both	10% if loan is granted by a bank/ similar institute including insurance company; 15% for others	Source	[Note 3]	Source	[Note 3]
Uzbekistan	Both	15%	Both	15% [Note 2]	Both	15%	Both	15%
Vietnam	Both	10%	Both	10% [Note 2]	Both	10%	Both	10%

Zambia	Both	5% if at least 25% of the shares of the company paying the dividend is held for a period of at least 6 months prior to the date of payment of the dividend; 15% in other cases	Both	10% [Note 2]	Both	10%	No separate provision

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