Conclusion of the Double Tax Treaty between Cyprus and Bahrain

On March 9, 2015 the Republic of Cyprus and the Kingdom of Bahrain proceeded with the signing of a Double Tax Treaty on Income and Capital. The conclusion of this treaty further expands the existing wide Cyprus tax treaty network. The Cyprus Ministry of Finance in its press release on the conclusion of the Treaty,…


Cyprus has now formally been removed from the Spanish list of tax havens

The General Directorate for Taxes of the Spanish Ministry of Finance issued a report revising the list of countries regarded as tax havens for Spanish tax purposes. Cyprus is now formally excluded from the blacklist, following the conclusion of the Double Tax Treaty between Cyprus and Spain which entered into force on 28 May 2014…