The Cyprus Tax Authorities issued on 9 January 2018 a circular concerning the VAT treatment of holding companies. The main provisions of the circular are summarised below. How are holding companies considered for VAT purposes? Merely holding shares (or similar…
A Double Tax Treaty (DTT) was signed on 3 January 2018 between Cyprus and Saudi Arabia. The particulars of the DTT have become available in the meantime, the most important points of which are presented below in summary. Application The…
Είμαστε στην ευχάριστη θέση να ανακοινώσουμε ότι η εταιρεία μας μέσω του συμβουλευτικού της τμήματος αναλαμβάνει την ετοιμασία και παρακολούθηση αίτησης για συμμετοχή στο Σχέδιο Ενίσχυσης της Νεανικής Επιχειρηματικότητας. Για περισσότερες πληροφορίες πατήστε στο σύνδεσμο πιο κάτω και επικοινωνήστε με…
The application of the accelerated capital allowance rates was extended by two more years (previously applicable until the tax year 2016), following the publication of the relevant legislation in the Official Gazette of the Republic of Cyprus on 24 November…
On 22 September 2017 the Tax Department issued Interpretative Circular 2017/8 clarifying the conditions for securing tax residency status based on the 60-day rules, as well as the applicants’ obligations and responsibilities. Interpretation Circular No. 8 provides that in order…