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On February 18, 2011, after lengthy negotiations, Cyprus and Germany signed the new Agreement on the Avoidance of Double Taxation, which will replace the existing agreement of 1974.

Relief for taxes paid abroad is in the form of a tax credit if the respective income is subject to tax in Cyprus.

In an effort to encourage high net worth individuals to apply for Cyprus tax residency, the government simplified the Cyprus Tax System by eliminating taxation on passive income...

On Friday, July 14, the Parliament of Cyprus approved a bill granting tax resident status to individuals that spend at least 60 days in Cyprus per year, under certain conditions.

The Cyprus Tax Portal enables taxpayers to manage their tax obligations digitally, from submitting self-assessments to completing payments through card or internet banking. This practical guide walks through the essential steps for navigating the portal, selecting the correct tax categories, verifying payment details, and ensuring transactions are properly recorded in your tax account.

Choosing the appropriate location for a holding company may be a complex procedure, which involves careful consideration of various tax and non-tax factors.

Foreign entrepreneurs choose the low tax jurisdiction of Cyprus as their tax residence under the non-domicile status.

The UK abolishes its non-dom tax regime, effective April 2025, creating global tax implications for high-net-worth individuals. Strategic relocation to Cyprus or Dubai, asset restructuring, and proactive tax planning are essential to mitigate these impacts.

As of March 2025, Cyprus has officially reopened applications for its Digital Nomad Visa Scheme, a perfect opportunity for remote workers from outside...

On the 30/12/2015, The Government of the Republic of Cyprus and the Government of the Federal Democratic Republic of Ethiopia have signed the Agreement on the Avoidance of Double Taxation...

Cyprus Tax Tribunal ruled, in the Banking case represented by EY, that payment systems services (VISA, MasterCard, Amex) are VAT exempt.

After ten years of negotiations Luxembourg and Cyprus signed their first Double Tax Treaty (the Treaty) on 8 May 2017. The Treaty is pending ratification by both contracting states.

Compared with the previous year, which saw the introduction of significant new incentives, including exemption of investment income of non-domiciled individuals...

This amendment aims to encourage the introduction of new equity (shares and share premium) into a Cyprus company by attaching an annual allowable tax deduction to the new equity.

Starting from the objective fact that the tax legislation in Bulgaria lacks clarity and systematization, it is no wonder that a large part of taxable persons avoids paying taxes.

The direct taxes and contributions applicable on income earned by a Cyprus tax resident individual from renting out property situated in Cyprus.

Cyprus has introduced a Notional Interest Deduction (NID) in relation to new equity capital. This is effectively a tax allowable deduction against the taxable profits of a company.