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Cyprus Government Asserts No New Taxes will be implemented in 2015 Budget

Cyprus Government Asserts No New Taxes will be implemented in 2015 Budget

February 20, 2015 10:55 am

The government of Cyprus verifies that no new taxes will be implemented and not cutbacks will be made concerning the 2015 budget. The government informed that the 2015 budget would be conservative and realistic, while still being within the targets set. The government opted to follow a conservative path in order to make up for […]

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Economic Cooperation between Russia and Cyprus

Economic Cooperation between Russia and Cyprus

February 20, 2015 10:53 am

The eighth in a series of meeting was held between Russian and Cypriot government officials last Friday concerning Intergovernmental Committee for Economic Cooperation. The Cyprus Minister of Finance and the Russian Deputy Minister of Economic Development established the rules and regulations of the protocol regarding economic collaboration between the two countries, which will be signed […]

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Cyprus’ Shipping Tax Regime

Cyprus’ Shipping Tax Regime

February 4, 2015 1:29 pm

The Mediterranean island of Cyprus is one of the top shipping hubs in the world. Due to government policies, the island constantly attracts possible investors and investments. Below are outlined the reasons Cyprus appeals to shipping businesses and all the exemptions and regulations as stated in the Cyprus Shipping Tax regime. In the Past Since […]

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Egypt and UAE’s MoU-Enhancing Free Zones Collaboration

Egypt and UAE’s MoU-Enhancing Free Zones Collaboration

February 4, 2015 1:26 pm

The United Arab Emirates (UAE) Ajam Free Zone and General Authority for Investment and Free Zones (GAFI) agreed and confirmed the two parties signed a Memorandum of Understanding (MoU). The two parties agreed to join forces and work together last Thursday. Hassan Fahmy, the Chairman of GAFI publically announced the agreement made which purpose is […]

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