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...
top of page
NEWS & LEGAL UPDATES
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 NEW “CYPRUS INVESTMENT PROGRAMME”
On June 15th, 2018, and based on the decision numbered 81.292 and 84.068 dated 13/09/2016 and 09/01/2018, the following amendments to the...
Cyprus Film Scheme Introduces Lucrative Incentives
On 27 September 2017 the Cabinet of Ministers has approved a new scheme (the ‘Filming Scheme’) with the purpose of attracting...
10 THINGS TO DO NOW TO PREPARE FOR THE GDPR
The General Data Protection Regulation (GDPR) comes into force on 25 May 2018. Below we list some useful facts about its most important...
European Union Fourth Anti-Money Laundering Directive
The European Union Fourth Anti-Money Laundering Directive (the “New AML Directive”), enacted on 25 June 2016 which was due to be...
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...
The Revised Cyprus- India Tax Treaty marks the beginning of a New Trading Relationship with India
Three years of unclarity and uncertainty over Cyprus’ position as a notable alternative tax jurisdiction for India, due to the absence of...
Cysec issues guidance to Cyprus Investment Firms when providing information to clients regarding the
In preparation for the entry into force on 3 January 2018 of the European Securities and Markets Authority’s guidelines for the...
bottom of page