LICENSING OF PRIVATE SHIP-SECURITY COMPANIES IN CYPRUS
Cyprus is a leading ship management centre. Specifically, Cyprus is the third biggest maritime fleet in the EU and the tenth biggest fleet in the world. The strategic location of Cyprus, between Europe, Asia, Africa and the Middle East, the double tax treaties with more than 50 countries, as well as the relatively low set-up and operating costs for companies, urge ship owners to register their...
CYPRUS-RUSSIA DOUBLE TAX TREATY: AMENDMENT OF ARTICLE 13
The Ministry of Finance of the Republic of Cyprus announced that the state authorities of Cyprus and Russia have agreed to postpone the implementation of the Protocol amending Article 13 of the Double Tax Treaty (DDT) between Cyprus and Russia for the Avoidance of Double Taxation with respect to taxes on income and on capital, signed by the Republic of Cyprus and Russian Federation on the 7th...