Amendments to the Cyprus “citizenship by investment” programme

The Cyprus Citizenship by Investment Programme was recently been amended to attract more individuals wishing to obtain a European Passport. This change has been made in an effort to accelerate growth and attract foreign investment in Cyprus. The change as to the Investment Managers and Directors of companies Under the programme, directors / managers of […]


READ MORE...

Cyprus Tax Legislation

Cyprus Tax Legislation: New Non-Domiciled Regulations & Notional Interest Deduction New and beneficial amendments have been made to the Cyprus tax legislation, further promoting the country’s beneficial tax regime. The following tax alterations were made on 17 July 2015: Amended Non-Domiciled Regulations The new non-domicile regulations were integrated to the Cyprus tax regime with the purpose […]


READ MORE...

Alterations to the legislation concerning collective investment schemes

The Cyprus Securities and Exchange Commission recently announced at a conference on the 9th of May, its intentions and plans to make alterations to the legislation concerning collective investment schemes so as to enhance the investment fund sector. The Cyprus Securities and Exchange Commission plans to modify the Alternative Investment Funds (AIF) Law by implementing […]


READ MORE...

Cyprus & Bahrain DTAA Entry into Force

On 9 March 2015, Cyprus and Bahrain signed a Double Tax Avoidance Agreement (DTAA), which came into force on 28 April 2016, after both parties completed the ratification processes. The provisions stated in the DTAA concern the tax years starting on and after 1 January 2017 as well as taxations suspended at source or after […]


READ MORE...

Cyprus Tax Incentives

For Individuals Presents Attractive Non-Domiciled Status An individual who obtains a tax residency status in Cyprus is eligible to 100% tax exemptions on any dividend, interest and rental income. The Cyprus House of Representatives voted on numerous important changes concerning the tax legislation, enhancing the Cyprus tax system’s attractiveness even more. One of the most […]


READ MORE...

Cyprus & India Revise Tax Treaty

Cyprus and India are close to altering the bilateral tax treaty. Cyprus has approved the proposals made concerning the taxation of capital gains by India. Based on a recent publication of the Economic Times of India, the island of Cyprus is a major foreign investment contributor. The article also stated that since India is considered […]


READ MORE...

New protocol Amending Cyprus & India Double Tax Treaty

The Cyprus Ministry of Finance recently announced that the negotiations between India and Cyprus, concerning the amendment of certain provisions included in the existing double tax treaty, have come to an end. According to the double tax treaty that is already in place between the two countries, alienation of shares is subject to tax in […]


READ MORE...

European Business Awards – National Champions of Cyprus

Out of the 32,000 companies throughout Europe, only 32 companies were nominated and Oxford Management Limited was one of them as the National Champions of Cyprus. The award ceremony was held on the 17th of June at the Marriott Hotel in Milan.   Take a look at the Awards: http://www.businessawardseurope.com/news/item/32-national-public-champions-chosen-after-nearly-160000-votes-from-the-publ


READ MORE...

Dutch & Cyprus: Amendments to Avoid Taxation

New Delhi: The government has solved the ambiguity in the double-tax avoidance agreement (DTAA) between Singapore and Mauritius. However, it is called to make amendments to the DTAAs made with the Netherlands and Cyprus to make sure that companies will be subject to tax in only one jurisdiction. Tax advisors have explained that the existing […]


READ MORE...

Guidelines to Cyprus Investment Firms concerning the condition of binary options services

A circular has been issued by the Cyprus Securities and Exchange Commission (CySEC) to all Cyprus Investment Firms (CIFs) the organization controls. The circular concerns the condition of binary options services. The Investment Services, Activities, and Regulated Markets Law of 2009 outlines the conduct of business conditions that CIFs are required to observe and apply. […]


READ MORE...