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DTT with Ukraine

The Convention (Tax Treaty) for the avoidance of double taxation and the prevention of fiscal evasion signed on the 8th of November 2012, by Cyprus and Ukraine enters into force as from 1st January 2014 following its ratification by the…

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The Cyprus Bail-out

As you are no doubt aware, the last few days saw turmoil in Cyprus, due to a banking crisis brought about by the financial problems faced by the two largest banks in Cyprus, namely the Bank of Cyprus, and Laiki…

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Cyprus – Spain Double tax treaty

On 14th of February 2013 Cyprus and Spain signed a new Income Tax Treaty agreement and protocol. The agreement was signed during a ceremony at the residence of Spain's Ambassador in Nicosia, Mrs Ana Salomon Perez, who said that after…

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Cyprus – Ukraine Tax Treaty

On 8 November 2012 Cyprus signed a new Double Tax Treaty agreement with Ukraine. The conclusion of the new Double Tax Treaty marks the end of a long period of uncertainty and is definitely a welcoming development for investors. The…

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