Category: News

Based on the Decision of the Council of Ministers and the Registrar of Companies for the Registration of Real Beneficiaries of companies and other legal entities In the context of…

Cyprus’s tax agency has released a number of statements regarding further value-added tax payment concessions for companies and those in the tourism sector financially impacted by the COVID-19 pandemic. Previously,…

Greece’s golden visa scheme, which provides five-year residency in exchange for investment, has issued 46% fewer residence permits this financial year. Despite pressure from the European Commission, the Greek government…

A recent investigation from Al Jazeera into Cyprus revealed a plethora of leaked government documents, uncovering that Cyprus has sold dozens of passports to foreigners linked to crime. What the…

Earlier this week, 137 OECD member countries were unable to reach an agreement on the taxation of large digital companies before the end of 2020, a deadline set by the…

China’s foreign trade continued to accelerate in September, confirming the rapid recovery of the world’s second largest economy, the first country to detect cases of the new coronavirus, but also…

Russia’s Ministry of Finance has announced that it signed a Protocol to amend its double tax agreement with Cyprus earlier this month. The Protocol will increase the withholding tax at…

Earlier this month, the UK Government have a number of upcoming meetings to discuss The Taxes (Interest Rate) (Amendment No. 2) Regulations 2020, which will enable the HMRC to collect…

Foreign investments might help Cyprus to overcome economic difficulties caused by the COVID-19 pandemic and adverse legislation moves on the Cyprus tax system. Historically, Cyprus is dragging its feet in…

The UK government has introduced a new type of UK visa – the Representative of an Overseas Business visa. The new UK visa allows senior management of overseas businesses to…