Tax Treaties
Double Tax Treaties
Cyprus offers one of the most attractive tax systems in Europe and a network of double taxation agreements with key countries. The country provides a simplified, effective and transparent tax regime that is fully compliant with the EU laws and regulations. The majority of these treaties follow the OECD (Organization for Economic Cooperation and Development) model.
The existence of this extensive and increasing network of double tax treaties offers considerable scope for tax planning for the Cyprus International Business entities.
The Double Tax Agreements which have been concluded appear below. Certain Agreements which have already been concluded appear below however they are pending enforcement.
Other than the Double Tax Agreements which are presently in force, the conlcusion of various other Agreements is pending. These Agreements are currently under negotiation.
Εxchange of letters for the taxation of savings income between the Republic of Cyprus and ...
Armenia
Signed 17.1.2011
Armenia
Signed 29.10.1982
and shall be in force until the commencment of the new treaty
Austria
signed 20.3.1990
Czech Republic
(to 31/12/2009)
Denmark
Signed 11/10/2010
Denmark
Signed 26/5/1981
and shall be in force until the commencment of the new treaty
Estonia
Signed 15.10.2012
Germany
Signed 18/2/2011
Germany
Signed 9/5/1974
and shall be in force until the commencment of the new treaty
Kuwait
Signed 15/12/1984
and shall be in force until the commencment of the new treaty
Kuwait
Signed 5/10/2010
Moldova
To 3.9.2008
Russia
Signed 5/12/1998
Russia
Additional Protocol to 1998 treaty - Signed 7/10/2010
Slovenia
Signed 12/10/2010
Swiss
Agreement and Memorandum of Understanding between the European Community and the Swiss Confederation providing for measures equivalent to those laid down in Council Directive 2003/48/EC on taxation of savings income in the form of interest payments
United Arab Emirates
Signed 27/2/2011