The Cyprus Investment Programme remains largely unchanged, with the amendments and new provisions introduced aiming to provide a more robust and straightforward framework...
Some important amendments to the VAT law of Cyprus have been published in the Official Gazette of the Republic on 20 August 2020.
On 10 August 2020, the Republic of Cyprus and the Russian Federation have agreed to amend their Double Tax Treaty...
On 17 July 2020, a bill amending the Income Tax Law was approved by the Cyprus Parliament, introducing a number of changes concerning the tax treatment of intangible assets.
On 20 July 2020, an amending Protocol to the existing Double Tax Treaty of 2014 was signed between the Republic of Cyprus and the Swiss Confederation...
The legal, tax and overall business environment of Cyprus is ideal for the setting up and management of investment funds...
On 19 June 2020, the Cyprus Parliament voted into law the provisions of the EU Anti-Tax Avoidance Directives (ATAD I and ATAD II), which had not been transposed in to local legislation before...
The reduction of the VAT rate applicable to the hotel and related accommodation, catering and transportation services from 9% to 5% will be applicable from 1 July 2020 to 10 January 2021.
