Articles of Agreement of the Asian Infrastructure Investment Bank

Parties with reservations, declarations and objections

Party	Reservations / Declarations	Objections
Georgia	Yes	No
Germany	Yes	No
Malaysia	Yes	No
Netherlands, the Kingdom of the	Yes	No
Sweden	Yes	No
Switzerland	Yes	No
Thailand	Yes	No
United Kingdom	Yes	No
Vietnam	Yes	No

Georgia

14-12-2015

The Government of Georgia declares that Georgia's signature and subsequent ratification of the Articles of Agreement (AOA) of the Asian Infrastructure Investment Bank (AIIB) is without prejudice to Georgia's position on the status of recognition of any other member of the AIIB and that membership of the AIIB shall not per se be interpreted as implying any support to and/or the recognition of statehood of any other AIIB member by Georgia.

Germany

21-12-2015

The Federal Republic of Germany retains for itself and its political subdivisions the right to tax the salaries, emoluments and expenses specified in Article 51, paragraph 2, of the Articles of Agreement, paid by the Bank to experts and consultants performing missions or services for the Bank who are Germans within the meaning of the Basic Law for the Federal Republic of Germany.

Malaysia

27-03-2017

Pursuant to Article 51(2) of the said Agreement, the Government of Malaysia retains for itself the right to tax salaries and emoluments paid by the Asian Infrastructure Investment Bank to its citizens or nationals.

Netherlands, the Kingdom of the

16-12-2015

In accordance with Article 51, paragraph 2, of the Articles of Agreement, the Kingdom of the Netherlands, for the European part of the Netherlands, retains for itself and its political subdivisions the right to tax salaries and emoluments, as the case may be, paid by the Bank to its citizens or its nationals. The term “citizens” in the previous sentence is interpreted to include residents.

04-03-2020

In accordance with Article 51, paragraph 2, of the Articles of Agreement, the Kingdom of the Netherlands, for Curaçao, retains for itself and its political subdivisions the right to tax salaries and emoluments as the case may be, paid by the Bank to its citizens or its nationals. The term “citizens” in the previous sentence is interpreted to include residents.

Sweden

23-06-2016

Sweden retains for itself and its political subdivisions the right to tax salaries, and emoluments, as the case may be, paid by the Bank to citizens of Sweden (Article 51.2).

Switzerland

29-04-2016

In accordance with Article 51, Paragraph 2, Switzerland retains for itself and its political subdivisions the right to tax salaries and emoluments paid by the Bank to Swiss citizens resident in Switzerland and to other permanent residents in Switzerland.

Thailand

20-06-2016

In accordance with Article 51 (2) of the aforesaid Articles of the Agreement, the Kingdom of Thailand retains for itself the right to tax salaries, and emoluments, as the case may be, paid by the Bank to citizens or nationals of the Kingdom of Thailand.

United Kingdom

03-12-2015

Pursuant to Article 51, paragraph (2), the Government of the United Kingdom declares that it retains for itself and its political subdivisions the right to tax salaries, and emoluments, as the case may be, paid by the Bank to any person who is a British citizen, a British overseas territories citizen, a British Overseas citizen, a British subject, a British National (Overseas), or a British protected person.
Pursuant to Article 44, paragraph (2), the Government of the United Kingdom informs the Bank of the action it has taken to make effective in its territory the provisions set forth in Chapter IX of the Articles of Agreement (“the provisions”). The Government of the United Kingdom has completed and made domestic legislation to make effective the provisions in England, Wales and Northern Ireland; and to make effective a number of the provisions in Scotland. The remaining provisions to be accorded in the territory of Scotland require legislation from the Scottish Parliament. Draft legislation to make the remaining provisions effective in Scotland is in the final stages of the legislative process and should be made in early December. The Government of the United Kingdom will update the Bank on the progress of this legislation.

14-04-2016

Pursuent to Article 44, paragraph (2), the Government of the United Kingdom updates the Bank on the action it has taken to make effective in its territory the provisions set forth in Chapter IX of the Articles of Agreement (“the provisions”). Further to its Notificattion dated 26 November 2015, the United Kingdom has now completed and made domestic legislation to make effective, in Scotland, the remaining provisions. This legislation was approved by the Scottish Parliament on 25 November 2015 and made on 9 December 2015. Accordingly, all the provisions are now effective in the territory of the United Kingdom of Great Britain and Northern Ireland.

Vietnam

26-04-2016

In accordance with Paragraph 2 of Article 51 (...) [t]he Socialist Republic of Viet Nam retains for itself and its political subdivisions the right to tax salaries, and emoluments, as the case may be, paid by the Bank to citizens or nationals of the Socialist Republic of Viet Nam.