Netherlands grows as preferred holding jurisdiction for hosting Indian investments

In recent years both Mauritius and Singapore were the leading jurisdictions for hosting investments into India. According to estimates, more than 30% of all investments into India have been structured via Mauritius or Singapore. Following the amendments to the India – Mauritius Double Taxation Avoidance Agreement (“DTAA”), the interaction thereof with the India – Singapore DTAA, the amendments to the India -Cyprus DTAA, and the impact of the Multilateral Instrument (“MLI”) on treaties, multinational enterprises (“MNEs”) may consider exploring other jurisdictions such as the Netherlands for hosting investments into India.