Cyprus has traditionally been one of the preferred EU jurisdictions in international tax structuring and is an efficient gateway for business and investments to and from Europe. Despite the past turbulence in the local banking sector, all the elements that constitute the island as an attractive and workable international business centre continue to exist. The domestic tax and legal framework remain unaltered and are continuously further strengthened; whereas at the same time Cyprus concentrates on remaining a fully compliant and transparent jurisdiction as to all related EU and international regulations. At the same time, the exceptionally good double tax treaties that Cyprus has signed with certain non-EU countries, such as Russia, Ukraine and South Africa, have recently been updated, securing Cyprus’ position as one of the preferred partners for inbound and outbound investments to and from the said countries.


Recent Cyprus Tax Posts


Cyprus Non-Dom regime

July 26, 2015

Cyprus Notional Interest Deduction (NID) on equity

July 25, 2015

Cyprus positive tax developments

July 24, 2015

Cyprus double tax treaties update

June 24, 2015

Cyprus IP Regime amendments

June 24, 2015

Tax Treatment of Foreign Partnerships in Cyprus

April 3, 2015

Consolidation requirements in Cyprus

March 6, 2015

Audit requirements in Cyprus

March 5, 2015

Cyprus: Investing in an innovative business

September 9, 2014

An ideal tax system

August 9, 2014

Cyprus signs the “Global Standard” of transparency and information exchange

July 15, 2014

New Double Tax Treaty between Cyprus and Spain

May 29, 2014

New Cyprus-India Double Tax Treaty

May 15, 2014

Cyprus tax amendments effective from 1 January 2014

January 8, 2014

Convert bank interest to active income

December 6, 2013

Advance Tax Ruling

December 3, 2013

Deduction of VAT in relation to Capital Gains Tax

November 26, 2013

Disposal of immovable property foreclosed by a Cypriot bank

November 26, 2013

Taxation of interest income

November 24, 2013

Group and Divisional VAT registrations

November 22, 2013

VAT Invoices

November 22, 2013

VAT point of taxation

November 22, 2013

Integration of Inland Revenue and VAT office

November 22, 2013

Long-term contracts

November 19, 2013

Definition of residence for Cyprus entities

November 19, 2013

Permanent Establishment definition

November 12, 2013

Cyprus companies Management and Control

November 11, 2013

India blacklists Cyprus

November 9, 2013

Auction of Cyprus property and tax implications

November 8, 2013

History, purpose and sources of Cyprus taxation

November 7, 2013

Tax exempt financial instruments

October 17, 2013