Yacht Leasing Scheme Cyprus
Yacht Leasing Scheme Cyprus Cyprus enjoys a favorable tax system in line with the EU requirements and OECD principles. In order to...
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NEWS & LEGAL UPDATES
The Cyprus Tonnage Tax System – a useful tool for ship owners, managers and charterers
The Cyprus Tonnage Tax System – a useful tool for ship owners, managers and charterers With the emergence of Cyprus as a leading maritime...
Kazakhstan - Cyprus Double Tax Treaty
Kazakhstan - Cyprus Double Tax Treaty The double tax treaty between Cyprus and Kazakhstan was signed in Nursultan, Kazakhstan on 15th of...
VAT Provisions on Immovable Property
A. New VAT provisions The Cyprus House of Representatives passed a Bill which amended Law N.95(i)/2000, imposing Value-Added Tax (VAT) on...
Revised Definition of “Shell Companies” by Central Bank
On the 2nd of November 2018, the Central Bank of Cyprus (the “CBC”) issued a circular with the purpose of clarifying the definition of...
The “60-day” Rule- A New Concept of Tax Residency in Cyprus
On 14th July 2017 the Cyprus parliament voted for a Cyprus tax law amendment namely the “60 day rule” which will co-exist with the...
New trading relationship: Double Tax Treaty between Luxembourg and Cyprus
On the 8th May 2018, the finance ministers of Luxembourg and Cyprus signed the Double Taxation Avoidance Agreement between the two...
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