NEWSROOM

Foreign Portfolio Investors from Cyprus to obtain Category I License in India
22/06/2021

The Indian government has classified Foreign Portfolio Investors (FPIs) from Cyprus as eligible for Category I licence. This classification is expected to...

Double Tax Treaty Between Cyprus and the Netherlands: Details
09/06/2021

The Double Tax Treaty provides for the following Withholding Tax rates on dividends, interest and royalties...

Extension of Period Over Which No Administrative Fines Related to DAC6 will be Imposed
07/06/2021

The Cyprus Tax Department announced an extension to the period over which no administrative fines for overdue submission of DAC6 information will be imposed.

Cyprus and the Netherlands sign a Double Tax Treaty
02/06/2021

On 1 June 2021 Cyprus and the Netherlands signed a Double Tax Treaty.

Transfer of Legal Seat (Re-domiciliation) to/from Cyprus
25/05/2021

Cyprus has become a very popular destination for redomiciliations over the last few years and there are very good reasons for this.

Reference Interest Rates for 2021 for Notional Interest Deduction on New Equity
02/03/2021

The Cyprus Tax Department published on 12 February 2021 the bond yield rates per country as at 31 December 2020 to be considered for the Notional Interest Deduction (NID) to which equity...

Imposition of Administrative Fines Related to Late DAC6 Reporting
01/03/2021

On 26 February 2021 the Tax Department announced that there will be no imposition of administrative fines for overdue submission of DAC6 information that will be submitted until the 30 June 2021, related to...

Cyprus and Germany Sign an Amending Protocol to their Double Tax Treaty
26/02/2021

On 19 February 2021 Cyprus and Germany signed an amending protocol to their existing Double Tax Treaty (DTT) of 2011.

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