The Ministry of Finance has introduced new measures for attracting companies to initiate and expand their activities in Cyprus, as part of the Action Plan to enhance Head Quartering and foreign investment in the country, which shall come into force in early 2022....
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The wide network of treaties for the avoidance of double taxation developed by Cyprus has been expanded with the signing of treaties with the Grand Duchy of Luxembourg on the 8th of May, as well as with Barbados on the 3rd of May....
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Cyprus has entered into a treaty for the avoidance of double taxation with Andorra, ratified on the 1st June 2018....
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A bill amending the tax legislation in force regarding the tax residency of individuals, as a further incentive for entrepreneurs to attain Cyprus tax residency status has been published in the Official Gazette of the Republic of Cyprus and is considered to be in force as from 1st January 2017....
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