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


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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 […]


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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. […]


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UAE & UK signed double tax agreement

The United Arab Emirates (UAE) Ministry of Finance (MoF) and the UK recently signed a double tax agreement in the MoF ministry in Dubai. The double tax agreement strives to boost trade and economic ties between the two countries as well as avoid taxing companies and individuals twice. The double tax agreement was signed by […]


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Cyprus Substance Requirements

There are many benefits for foreign investors using Cyprus to carry out commercial activities. A fully operational basis provides a more rational and beneficial solution than the traditional agency structure. In the past, the use of Cyprus in commercial operations was mainly through agency structures, whereby the Cypriot company would basically subcontract its operations to […]


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Double Tax Agreement Cyprus & Ethiopia

On 30 December 2015, Cyprus and Ethiopia signed a Double Tax Agreement (DTA). The new DTA was included in the Official Gazette on 18 January 2016. The DTA will come into force once both parties have completed all the required approval procedures. The DTA will be introduced on 1 January 2017. The Cyprus – Ethiopia […]


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How does Cyprus Benefit from Double Tax Treaties with South Africa, Iran & Switzerland

South Africa & Cyprus Tax Treaty South Africa & Cyprus signed a revised Double Tax Treaty (DTA) DTA which came into force in September 2015. The Protocol replaced the Dividends provisions of the DTA (Article 10). According to the Protocol, dividends are subject to tax in the contracting state in which the resident company that receives […]


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New Developments: Cyprus Intellectual Property Tax Field

The Cyprus Ministry of Finance (MoF) has announced new developments concerning Cyprus Intellectual Property Tax on 30 December. The Organization for Economic Co-operation and Development [OECD], the European Union (EU) as well as the G20 have made alterations regarding IP tax, which may concern individuals who own or are interested in engaging in an Intellectual […]


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THE COMMON REPORTING STANDARD

The Common Reporting Standard (CRS) is the standard for the Automatic Exchange of Information (AEOI) developed by the Organisation for Economic Co-operation and Development (OECD), which provides for jurisdictions to obtain information from their financial institutions and to automatically exchange that information on an annual basis with other partner jurisdictions. The CRS was incorporated into […]


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Cyprus plans to revise Intellectual Property Regime

The Ministry of Finance in Cyprus recently made public its intention on revising the existing Cypriot Intellectual Property (IP) Regime via a press release on 30 December 2015. Based on the recent press release, the Ministry of Finance will amend the current IP Regime according to the suggestions the Economic Co-operation and Development (OECD) made […]


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