Latest Posts

Cyprus-Ukraine Double Tax Agreement

January 22, 2016 10:05 am

The Cyprus Ministry of Finance has recently made public that the Protocol to the Double Taxation Agreement (DTA) amongst Cyprus and Ukraine was signed on 11 December 2015. The Protocol was initially agreed in September. The existing DTA was introduced on 1 January last year. Once both parties approve the Protocol it will come into […]

Read more...

Cyprus Investment Firms & Procedures Concerning Handing Complaints

January 22, 2016 9:59 am

The Cyprus Securities and Exchange Commission (CySEC) updated the Directive DΙ144-2007-01 of 2012 concerning the activities of Cyprus Investment Firms (CIFs). The updated Directive further explains and complements the policies of 18(2) and 29 policies regarding the Investment Services and Activities and Regulated Markets Law passed in 2007. CySEC has also issued a circular with […]

Read more...

OECD improves tax exchange of information in Cyprus

January 22, 2016 9:57 am

The Organization of Economic Cooperation and Development (OECD) has recently praised Cyprus as being largely obedient and compliant for complying with all the features linked to the Exchange of Information (EOI). In OECD’s October report, Supplementary Peer Review Report, the organization praised Cyprus for its compliance to the EOI criterion, a fact that benefits India […]

Read more...

CYPRUS DTT NETWORK UPDATE

December 29, 2015 7:36 am

NEW Cyprus- Bahrain DTT agreement signed in March 2015 In an attempt to strengthen its relations with Gulf countries, Cyprus recently signed a Double Tax Treaty (DTT) agreement with Bahrain. The DTT agreement between the two countries was signed on 9 March 2015. It is expected that upon signing the DTT, economic and trade ties […]

Read more...