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RSM Cyprus has released the annual digital edition guide of Cyprus Tax Facts 2025.

As we approach the turn of the year it is an appropriate time to summarize the various changes that have taken place to date in 2017 and look forward to the changes on the horizon

The governments of the Hong Kong Special Administrative Region (HKSAR) and the Republic of Cyprus announced the signing of a comprehensive double taxation agreement (DTA) on 12 June aimed at eliminating double taxation on income and combating tax evasion and tax avoidance.

In September 2014 the Russian Ministry of Finance published the third version of the draft law on the package of tax initiatives generally referred to as 'de-offshorisation'.

The double taxation agreement between Cyprus and Estonia, which was signed on October 15 2012, took another step towards ratification with its approval by the Estonian Parliament on September 25 2013.

The new Protocol which was signed on June 4th, 2009 has been ratified by Italy on May 3rd, 2010, while it now awaits the ratification by Cyprus in order to be enforced.

The Protocol amending the Cyprus-Switzerland Double Tax Treaty entered into force on the 3rd of November 2021.

Cyprus had made some revolutionary steps when it comes to investing in fintech entities and the hundreds of gaming, foreign exchange companies and cryptocurrency entities are here to prove it.

On 9 March 2015 Cyprus and Bahrain signed a new double taxation agreement. Like all of Cyprus's recent DTAs it closely follows the 2010 OECD Model Tax Convention.

On 17 March 2015 Cyprus and Bahrain signed a new double taxation agreement.

On April 1, 2015, Cyprus and South Africa signed a Protocol amending their existing double taxation agreement, which was signed in 1997 and has been in force since December 8, 1998.

The tax planning environment in Europe is evolving rapidly. Long considered a cornerstone of EU holding and financing structures, Luxembourg is now facing unprecedented legal and political scrutiny...

The "EU Blue Card" refers to a newly introduced residence permit allowing highly skilled, non-EU nationals to work and live in Cyprus, especially in sectors facing shortage of highly qualified personnel.

Cyprus continues to strengthen its position as a leading international business and investment hub through the expansion and modernisation of its Double Tax Treaty (DTT) network. These treaties help businesses and individuals avoid being taxed twice on the same income while providing greater certainty for cross-border investments and international operations.

On 08 November 2012, Cyprus and Ukraine signed, after long negotiations, a new bilateral tax agreement for the avoidance of double taxation and the prevention of fiscal evasion that when in force will replace the existing Tax Bilateral tax agreement between the two States.

The first-time Double Tax Treaty (DTT) between the Republic of Cyprus and The Kingdom of The Netherlands, signed on 1 June 2021, came into force on 30 June 2023 and its provisions are applicable as from 1 January 2024 onwards.

Cyprus has cut its dividend tax rate from 17% to 5% starting January 2026, but the reduction applies only to profits earned from that date forward.