Miesiąc: Sierpień 2020

Tax certificate for Cyprus residents – is it worth to apply for?

As a general rule, individuals who spend at least 183 days per calendar year in Cyprus are considered Cyprus tax residents. However, according to the “60-day rule” introduced in 2017, also a person who satisfies all the below conditions can become a Cyprus tax resident: residing in the territory of Cyprus for at least 60 …

Tax certificate for Cyprus residents – is it worth to apply for? Read More »

Cyprus-Russia compromise on the new Double Tax Treaty

In April we informed on our blog about the planned changes to the Double Tax Treaty between Russia and Cyprus. After months of tensions between the governments and threads of terminating the agreement, the treaty has been finally preserved. The deal is keeping the amendments demanded by Moscow: a 15% tax on the income paid …

Cyprus-Russia compromise on the new Double Tax Treaty Read More »