Nov 28, 2016 | Articles
European Commission’s legal services to open negotiations with Cyprus over the country’s citizenship programme. After Maltese citizenship-by-investment programme was targeted over non-residency requirement, Cyprus and Austria might be next The EU legal...
Nov 28, 2016 | Articles
THE Cyprus shipping registry is marking 50 years since its establishment. “The excellent progress of the Cyprus registry has placed our country in the global maritime map”, Minister of Communications and Works Tasos Mitsopoulos said. Mitsopoulos gave a brief overview...
Nov 28, 2016 | Articles
Please be reminded that as from Monday, 13 January 2014, the standard VAT rate will be increased from 18% to 19% and reduced rate from 8% to 9%. Goods and services that fall within the zero VAT rate or are exempt from VAT or subject to the reduced VAT rate of 5%, will...
Nov 28, 2016 | Articles
The Cooperative Credit Institutions in Cyprus will operate as a unified banking group, President of the Central Cooperative Bank (CCB) Committee Nicolas Hadjiyiannis has said. Along with the island`s banking system, Cyprus Coops came at the brink of collapse last...
Nov 28, 2016 | Articles
Bank deposits from third-country nationals increase slightly, according to official Central Bank (CBC) data. Despite a fall in total bank deposits of 22.7% year-on-year across the island’s banking system, deposits from third country nationals have risen to €12.1...
Nov 28, 2016 | Articles
The Cyprus Government ratified the agreement between Cyprus and Estonia in February 2013, which is the first double tax treaty ever concluded between the two countries. The agreement is supposed to enter into force on 1 January 2014 as soon as the final steps...
