Taking into account the European Union’s modifications related to automatic exchange of cross-border tax rulings, The Cypriot tax authorities have issued a circular with the purpose of establishing efficient procedures for the issuance of advance tax rulings. The authorities hope to create a stable and trustworthy taxation legislation for foreign investors coming to Cyprus. Our Cypriot lawyers can also offer you details about the taxation system.
After meeting this spring in Nicosia, the Cypriot, Greek and Egyptian Prime Ministers have recently concluded their agreement for economic and political cooperation. The three countries want to cooperate in order to increase stability in the region and to promote investment between Greek, Egyptian and Cypriot companies. For detailed information about the contents of the “Nicosia Agreement” you can ask our lawyers in Cyprus.
Based on a recent survey, Cyprus has one of the best citizenship by investment programs for high-net worth individuals in the world. Cyprus is one of the best relocation destinations and favorable taxation systems in the world for foreign citizens looking to leave their native countries. For details about immigration programs you may refer to our lawyers in Cyprus.