Nicosia - Cyprus has introduced a €1.000 fee on tax rulings, effective immediately. The Cypriot Cabinet issued last week Decree No.130/2016 relating to the tax rulings issued by the Commissioner…

Nicosia - Barclays PLC (“Barclays”) has announced it intends to close its offices in Cyprus, in the context of a strategic restructuring and simplification of the Group. “Barclays PLC today…

Brussels - The European Commission sees the public debt of Cyprus dropping below 100% of GDP in 2016, Commission Vice President Valdis Dombrovskis has told the Cyprus News Agency in…

Nicosia - The Double Tax Treaty (DTT) signed between Cyprus and Switzerland on 25 July 2014 was entered into force on 15 October 2015 with the treaty provisions with respect…

Paris - Cyprus was recently awarded a tax compliance rating of ‘largely compliant,’ the same as the US, Italy, Malta, Netherlands, Germany, Singapore and the UK. The favourable rating was…

Nicosia - Cyprus’ Troika of international lenders is returning to the island tomorrow for its eighth evaluation of the country’s economic adjustment programme. The programme, which came as a prerequisite…

Nicosia - Emerald Coast Properties Ltd, the business interests of which are represented by Costas Tsielepis & Co Ltd, Chartered Certified Accountants, was honoured last night with the CIPA International…

Washington D.C. - The International Monetary Fund (IMF) has approved the immediate disbursement of €84 million to Cyprus following the fourth review of Cyprus’ bailout programme, commending the government for…

Nicosia, Friday 20 June 2014 - Cyprus formally returned to the markets this week after three and a half years with a 5-year €750 ml euro bond with a yield…

March witnessed the highest number of applications for company registration since February 2013, according to data released by the Department of the Registrar of Companies and Official Receiver. The Cyprus…