To open, download and save this document in PDF format please click here. On 16th April 2009 the protocol amending the double tax treaty between Cyprus and Russia was signed. The new provisions will take effect on the 1st of January following the exchange of notification of ratification between the two states. The most significant provisions [...]
To download our immigration brochure please click here. The Cyprus Government, in order to encourage foreign investments, offers immigration programs with which investors can acquire permanent residence permits or the citizenship of the Republic of Cyprus. These programs have been particularly popular for a number of reasons: - The unstable political environment in certain countries - The [...]
There are currently great investment opportunities in the real estate market. Due to a recent amendment in the legislation regarding foreclosures, a number of properties have been repossessed by banks and are being sold at significantly reduced prices. For the same reason a lot of distressed properties have appeared on the market where owners want to [...]
You can find residential, holiday and commercial properties throughout the island starting from as low as 45,000 Euros. Whatever your needs may be, from a small holiday apartment to a luxurious mansion in the capital city or to prestigious office space for your business, you can always rely on us to identify the best choices available [...]
Real Estate Cyprus is an established financial centre and one of the most popular jurisdictions to conduct business from. Being a full member of the EU, it enjoys political and economic stability and an excellent legal framework. The local infrastructure rivals that of larger EU counterparts, with two new international airports, two ports, a [...]
Dividends, Interest and Royalties received in Cyprus: Dividends (%) Interest (%) Royalties (%) Armenia – Cyprus double tax treaty 0 (32) 5 (33) 5 Austria (31) – Cyprus double tax treaty 10 0 0 Belarus – Cyprus double tax treaty 5 (4) 5 5 Belgium – Cyprus double tax treaty 10 (1) 10 (16) 0 Bulgaria – Cyprus double tax treaty 5 (19) [...]
Offshore jurisdictions in general have very low compliance requirements and zero taxation under certain conditions. Even though there can be some significant differences between jurisdictions, the following information applies in most cases. Incorporation Procedure The first step is to complete some forms and send us the documents required to comply with our Due Diligence / Know [...]
Cyprus is a low tax jurisdiction, as opposed to an offshore one. As a result there are certain compliance requirements, such as the compulsory submission of audited annual financial statements and taxation, even though the tax regime is extremely favourable. On the other hand, being a white list jurisdiction with over 40 double tax treaties [...]
Vaghan Partners is an Administrative Service Provider licensed y Cyprus Securities and Exchange Commission. In that respect we do not provide legal services.However, we pride ourselves to cooperate with some of the most prominent law firms in Cyprus and have a range of collaborators in all the jurisdictions we cover. These legal advisors can provide a [...]
Cyprus is a popular jurisdiction for international trusts. The relevant law has the following criteria for a trust to qualify as a Cyprus International Trust: • The settlor should not be a permanent resident in Cyprus. • At least one trustee should be a permanent resident in Cyprus. • No beneficiaries are permanent residents in [...]
