Benefits in Kind on non Cyprus Tax resident directors/shareholders
Tax Department issued a circular on 14 November 2017 to clarify an important part of the law. ​ In effect, the benefit, which is deemed to be granted to directors…
Egypt – Cyprus New Tax Treaty
A new tax treaty signed among Egypt and Cyprus on 8th of October 2019 and published on 25th of October 2019. Once becomes effective the pre-existing tax treaty which has…
Share Purchase Cyprus Tax Advantages
There is no capital gains tax on the sale of shares unless the company holds an immovable property situated in Cyprus. The sale of shares is totally exempt from all…