A new treaty was signed on 8 November 2012 by representatives between Cyprus and Ukraine which will replace the old treaty with the USSR. The treaty will enter into effect on 1 January folllowing the year in which the parties…
The Ministry of Finance of the Russian Federation has announced the removal of Cyprus from its ”Black List” with effect from 1 January 2013. This will have an IMMEDIATE POSITIVE impact on both inbound investment to Russia from Cyprus and…
On 25 October 2012, the House of Representatives voted an amending proposal to further extend the Law providing for the Special Settlement of Tax Liabilities which covers years up to 2008. The original Law provides for the imposition of a flat penalty of…
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We would like to inform you for the recent changes of the Cyprus VAT legislation which provides the right of returning the VAT amount with interest. This amendment will be applied from 19th February, 2013.