Cyprus unveils new foreign business strategy

The government has presented its new strategy to attract companies, emphasising high-tech, research and innovation. Implementation of the strategy is expected to start from January 2022. During a presentation at the Presidential

G7 tax deal may not impact Cyprus

A decision by the G7 to impose a global minimum tax rate appears not to affect Cyprus’ competitive corporate regime, Finance Minister Constantinos Petrides said. In a written comment to Reuters, Petrides

OECD: Cyprus largely compliant on tax transparency

The Organisation for Economic Co-operation and Development has approved Cyprus’ peer review (second round) on Transparency and Exchange of Information for Tax Purposes, the Finance Ministry said. OECD’s Global Forum placing Cyprus as

Cyprus-Russia tax deal good for business

Cyprus’ re-tweaked deal with Russia to avoid double taxation is good news as terminating the agreement by Moscow would have hurt the economy in sparking an exodus of Russian businesses, tax experts

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