Latest Posts

Cyprus Implements New Taxes

August 5, 2015 1:17 pm

The Cyprus Council of Ministers have recently approved and submitted some new tax laws to the House of Representatives. The House of Representatives will evaluate the new bills before approving and implementing them. The Republic of Cyprus aims to simplify and upgrade its tax system so as to remain an attractive jurisdiction. The new laws […]

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National Risk Assessment Measures to Fight Terrorist Financing & Money Laundering

August 5, 2015 1:15 pm

The Central Bank of Cyprus has recently announced its plan on conducting a complete national risk assessment of measures with the purpose of decreasing terrorist financing and money laundering activities. The Central Bank of Cyprus has decided to carry out an evaluation concerning the risks on a national level in cooperation with the World Bank. […]

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UAE – Corporate Tax & VAT

August 5, 2015 1:13 pm

According to recent developments, the United Arab Emirates (UAE) is planning to introduce a new tax in order to increase government revenues. The drafting of new laws concerning both the implementation of Value-Added Tax (VAT) and Corporate Tax is estimated will be completed within the next three months. In line with the Ministry of Finance, […]

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Latest Tax Treaty Amendments in Cyprus

August 5, 2015 1:10 pm

Assessment and Collection of Taxes Legislation The government of Cyprus has recently publicized a draft of amendments it proposes to make to the Assessment and Collection of Taxes Law, priory established in 1978. The state of Cyprus proposes amendments to be made to the specific law in order facilitate the realization and incorporation of agreements […]

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