On 15th November 2012, Cyprus and Finland signed a new income tax treaty. The agreement was signed by Cypriot Minister of Finance Vasos Shiarly and Ambassador of Finland in Nicosia Anu Saarela, at the Ambassador`s residence. Speaking at the ceremony,…
On 15th of October 2012 Cyprus and Estonia signed in Luxembourg an Income Tax Treaty agreement and protocol. The agreement was signed on the sidelines of the Foreign Affairs Council, by the Minister of Foreign Affairs, Erato Kozakou-Marcoullis, and the…
The principle of property rights is a cornerstone of a free society. The right to property is the recognition that an individual has ownership over that property, and may use it as he wishes, and that nobody else can lawfully…
As our global economy expands, companies operate under increasingly complex legal and regulatory mandates which inevitably lead to complications in the management and control of their day to day operations. As a result, corporate legal advice has become an important…
On 26 August 2011 the House of Representatives voted the first package of austerity measures which includes a number of amendments to the tax laws of Cyprus. This represents the first set of measures that the Cypriot government will be…
On 18 February 2011 Cyprus signed a new Double Tax Treaty agreement with Germany. The conclusion of a Double Tax Treaty with the strongest Economy in Europe and one of the world’s leading economies, proves for once more the acceptance…
The law relating to registered companies is the Cypriot Companies Law, Chapter 113 of the laws of Cyprus, as amended (The Companies Law), which is almost identical to the United Kingdom’s former Companies Act 1948. The word Company has no…
On Thursday 7 October 2010 during the official visit of the Russian president Mr Dmitry Medvedev to Cyprus, 15 agreements were signed boosting bilateral ties with Cyprus. The final version of the long awaited Protocol to the Russia/Cyprus Double Tax…
On 12 February 2008, two Directives, one on the place of supply of services, the other on VAT refunds, were adopted by the EU Council of Ministers. From 1 January 2010, the new rules on the place of supply of…
The Cyprus Parliament on the 22 October 2009 has enacted amendments to the Cyprus taxation Laws, in particular the Income Tax Law and the Special Contribution for Defence of the Republic Law, mainly aimed at making Cyprus an even more…