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Double Tax Treaties

Double Tax TreatiesCyprus has concluded double taxation treaties with 50 countries which provide important tax advantages....

Cyprus has concluded double taxation treaties with 50 countries which provide important tax advantages. Treaties with the Central and Eastern European countries, China and India contain no anti-avoidance provisions and Cypriot companies may therefore be used beneficially as holding, licensing and finance investment vehicles in those countries.

Double tax treaties

The island nation is constantly ensuring that its network of double taxation treaties remains relevant to today’s business needs. 2010 saw the successful renegotiation of the tax treaty with Russia and Slovenia, while in 2011 the treaties with Denmark and Germany were updated. New treaties have been concluded with the United Arab Emirates and Armenia.

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