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Cyprus

Extension of Deadline for Implementation of DAC6 in Cyprus

Eurofast would like to inform you that a further extension of the deadline has been announced regarding the mandatory automatic exchange of information in the field of taxation in relation to reportable cross-border arrangements (DAC6 Reporting). The new extension date…

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Cyprus

Stock Exchange listings of Collective Investment Schemes in Cyprus

The Cyprus Stock Exchange (“CSE”) operates within the defined European framework and is under full supervision by the Cypriot authorities. In addition to the Regulated Market, the CSE also operates the non-regulated Emerging Companies Market, on the basis of the…

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Cyprus

Double Tax Treaty (DTT) Cyprus and Egypt – Applicable 1 January 2021

The newly amended sections relate to taxes on income and the prevention of tax evasion and avoidance.  Pursuant to the latest discussions between the Republic of Cyprus and Egypt, an agreement has been concluded for the amendment of the DTT between the two States. Both countries have…

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Cyprus

Cyprus: the EU’s Newcomer For Introducing Transfer Pricing Legislation

It is probable that, while you are reading this article, Cyprus is already the latest European country to introduce transfer pricing legislation in its income tax law with effect from the 1st of January 2021.   This introduction will mark a new era of how Cypriot corporations shall calculate their tax base: transfer pricing, in essence, is a mechanism that divides the…

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Cyprus

Cyprus – Switzerland DTT and signed Protocol

Cyprus and Switzerland, signed a protocol on Monday 21st July 2020, amending the existing double taxation agreement of 2014 intending to strengthen the framework of economic relations between the two countries. The signed protocol introduces the minimum standards of the…

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Cyprus

Investing into the Balkans through a Cyprus Alternative Investment Fund

As a collection of emerging markets with strong growth potential, the Balkan countries have firmly positioned themselves on the map of attractive investment locations. Steadily growing numbers of foreign investors have expanded into Albania, Bosnia and Herzegovina, Croatia, Kosovo, North…

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Cyprus

Cyprus: New Alternative Investment Funds Legislation

On 10th July 2018, the Cyprus parliament approved the new alternative investment funds (AIF) legislation which will replace the existing law and which enables, for the first time in Cyprus, the establishment of Registered Alternative Investment Funds (RAIF) in Cyprus….

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Cyprus

BKR Intl EMEA Regional Conference in Cyprus

The BKR EMEA Regional meeting took place at the St Raphael Resort Hotel from 26th to the 28th May 2018. Some 106 delegates and companions enjoyed the meeting, which was hosted by BKR Cyprus member firm, Euroglobal SEE Audit Limited…

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Cyprus

Cyprus updates DTTs and protocols; signs new ones

During 2017, and the first quarter of 2018, various double tax treaties’ (DTTs) developments have taken place in Cyprus, with a number of new DTTs, protocols and amending protocols being signed and coming into force. The list of countries with…

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Cyprus

BKR International EMEA Scholarship awarded to Cyprus-based student

BKR International is delighted to announce that it has awarded its annual EMEA scholarship to Andri Argyridou, a Cyprus-based student currently preparing for her TQUK Level 6 Diploma in Accounting and Finance at the School of Professional Studies of Cyprus…

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