Double Tax Treaty Between Cyprus & Russia

Double Tax Treaty Between Cyprus & Russia

Cyprus strikes a deal on Double Tax Treaty with Russian Government The Republic of Cyprus and Russia had entered into a Double Tax Treaty (DTT) in 1998 in a joint effort to avoid the double taxing of income and capital generated in Cyprus, in order to promote the...
CYPRUS VAT update regarding Yacht Leasing Scheme

CYPRUS VAT update regarding Yacht Leasing Scheme

The Cyprus Tax Department released on 23 December 2019 the Interpretative Circular 240 (VAT Tax), referring to the registration, in the VAT Registry, of Cypriot companies which operate in the business sector of leasing pleasure yachts (recreational boats) in...
Cyprus Non-Domicile Regime for Individuals

Cyprus Non-Domicile Regime for Individuals

Cyprus has become an attractive option for companies and individuals. Advantageous tax incentives exist and Cyprus is popular as both a corporate and residential location, offering a sound infrastructure, and also enviable weather.  Benefits Enjoyed by Tax...