The Agreement between the Government of the People's Republic of China and the Government of the Kingdom of the Netherlands for the Avoidance of Double Taxation and the Prevention of Tax Evasion with Respect to Taxes on Income (the "Agreement") and the Protocol thereto were formally signed on May 31, 2013 in Beijing. China and the Netherlands notified each other respectively on July 30, 2013 and July 14, 2014 of the completion of their own domestic legal procedures necessary for the Agreement and the Protocol thereto to take effect. According to Paragraph 1 of Article 29 of the Agreement, the Agreement and the Protocol shall take effect as of August 31, 2014 and shall be applicable to income earned on or after January 1, 2015.
（This information is provided by Lawyer Kelly Xie from Guangdong KaiTong Law Firm in friendship. It is not any legal opinion or legal grounds addressed to any organization or individual. For inquiry, please contact Kelly via email at Kelly_xie@ktlf.com.cn or by phone on 13926185641.）