Cyprus climbs global rankings to 34 from 40 (as per WEF report)
Cyprus improved its competitiveness despite the crisis and is now the 34th most competitive economy in the world among 133, up from the 40th ranking a year ago according to The World Economic Forum’s (WEF) global competitiveness report 2009/2010. Cyprus…
Read moreOECD Progress Report
An updated progress report on the jurisdictions surveyed by the OECD Global Forum in implementing the internationally agreed tax standards published on 23th September 2009. For more information please visit our publications area…
Read moreCyprus – Russia New Protocol
In April 2009 representatives from the respective Ministries of the Republic of Cyprus and the Russian Federation signed a Protocol to the 1998 tax treaty between the two counties. The Protocol is expected to be ratified by both counties in…
Read moreConclusion of Memorandum of ‘FCMC’ of Latvia and the C.B. of Cyprus
The Financial and Capital Market Commission (“FCMC”) of Latvia and the Central Bank of Cyprus, expressing their mutual interest and willingness in promoting further the bilateral ties in the domain of supervision of credit institutions, have recently proceeded with the…
Read moreCyprus and Italy sign protocol on DT avoidance
Cyprus and Italy have signed an additional protocol on the avoidance of double taxation. The protocol was signed by Minister of Finance Charilaos Stavrakis and Ambassador of Italy in Nicosia Luigi Napolitano. The Cypriot Minister said that the additional protocol…
Read more