Latest Posts

Cyprus & India Tax Treaty

April 25, 2017 6:17 am

The amended Cyprus & India Double Tax Avoidance Agreement will come into complete effect in April 2017 as announced by the Central Board of Direct Taxes (CBDT) in India. Based on the CBDT’s recent announcement, both parties have informed each other that they have completed the ratification procedure concerning the amended agreement. The amended treaty […]


Confidentiality Protection

April 25, 2017 6:15 am

The UAE Ministry of Finance issued a guidance note on Common Reporting Standards (C.R.S) which states that individuals who are UAE residents for tax purposes are not reportable by the UAE Financial Institutions. The UAE definition of “Resident Person” is someone who holds a valid UAE Residency Visa and a UAE Identification Card. Our Dubai […]


CySEC proposes reforms for Binary Options Trading

March 29, 2017 8:34 am

The Cyprus Securities and Exchange Commision (CySEC) has been concerned with the deficiencies of Binary Options trading and the lack of sufficient protection towards investors. For this reason it has released a consultation paper with the proposed 5 key reforms to eliminate the problems lying within the current framework and at the same time institute […]


Cyprus amends Intellectual Property Box Regime

March 29, 2017 8:33 am

Intellectual property box regimes are special tax regimes used by countries to provide incentives for research and development by taxing patent revenues different than other commercial incomes. In the Brisbane summit back in September 2014 a proposal was made by Germany and the UK in order to reach an agreement on a single mutual approach […]