Latest Posts

2017 Cyprus Property Taxation

March 9, 2017 7:41 am

Numerous alterations have been made to Cyprus’ property tax lately. Below we have outlined how these changes will potentially benefit or influence Cyprus property holders. The changes made to the taxation will be in effect in 2017. It is mainly believed that the latest alterations made to property taxation in Cyprus will benefit both existing […]

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Notional Interest Deduction Rate

January 23, 2017 2:01 pm

Notional Interest Deduction Rate (NID) Calculations Concerning Equity Capital Implemented in 2015 & 2016 The government of Cyprus implemented a Notional Interest Deduction (NID) in July 2015. The NID concerns equity capital, paid up share premium and share capital, introduced in foreign companies’ permanent establishments and companies intended for financing assets on 1 January 2015 […]

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Cyprus Citizenship

January 23, 2017 1:58 pm

The Cyprus Citizenship by Investment Programme was recently amended. The particular programme grants Cyprus Passports. The minimum investment requirement has been reduced to €2.5 million. Previously the minimum was set at €5 million. It is noteworthy that the sum of €2 million minimum investment is accepted under the condition the funds are invested in residential […]

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New Cyprus-Iran Double Tax Treaty & Benefits

December 1, 2016 1:03 pm

Cyprus and Iran approved a new Double Tax Treaty in August 2015. Due to the friendly tax regime and wide Double Tax Treaties network, Cyprus is viewed as the ideal jurisdiction to conduct business and invest in as well as out of Iran. Outline of Cyprus Tax Regime Cyprus’ Double Tax Treaty network is extensive. […]

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