Latest Posts

Cyprus enhances migration benefits

September 18, 2015 11:00 am

After two critical years, the economy of Cyprus is finally starting to stabilize. Over two years have passed since the island’s banking sector crashed, where the government was obligated to sequestrate deposits over €100,000 in order to stop the entire country from collapsing financially. Since March 2013, Cyprus’ economy has revived. Cyprus has lifted all […]

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Amendments to the Cyprus – South Africa DTA

September 18, 2015 10:58 am

Cyprus and South Africa signed a Protocol modifying their current Double Taxation Agreement (DTA) on 1 April this year. The existing DTA was signed back in 1997 and was introduced in December 1998. The Protocol reevaluates three sections included in the 1997 DTA. These sections are the exchange of information, withholding taxes on dividends as […]

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Dubai Needs to Extend Taxation

September 4, 2015 7:47 am

In order to compensate on the loss of oil revenue and reliance on the hydrocarbon sector it is recommended that the United Arab Emirates (UAE) government introduce a new corporate tax, excise tax on vehicles as well as a VAT. According to the latest report issued by the International Monetary Fund (IMF) it is proposed […]

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Cyprus-Iran Double Taxation Agreement

September 4, 2015 7:43 am

After years of negotiations and discussions, the Islamic Republic of Iran and the Republic of Cyprus recently have agreed and signed a Double Tax Agreement outlining policies concerning income tax evasion and double taxation avoidance. The Deputy Economy Minister and Head of the Islamic Republic of Iran’s Tax Organisation and the Cyprus Minister of Finance […]

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