Cyprus Double Tax Treaties

Cyprus Double Taxation Avoidance Agreements follow the standards of OECD Model Convention, – with the exemption of the Cyprus-US Treaty which follows the most recent United States Agreements.

Cyprus Double Taxation Avoidance Agreements

The main purpose of Double Taxation Avoidance Agreements – also called Tax Treaties – is the avoidance of double taxation of income earned in any of these countries. Under the treaties, a credit is usually allowed against the tax levied by the country the tax payer resides for the tax levied in the other treaty country and as a result of this the tax payers pays no more than the higher of the two rates.

Double Taxation Agreements play an important role in the determination of the place of taxation.

Cyprus has signed Double Taxation Avoidance Agreements with the below countries:

  1. Armenia – Cyprus Double Taxation Avoidance Agreement
  2. Austria – Cyprus Double Taxation Avoidance Agreement
  3. Azerbaijan Tax Treaty (Treaty between Cyprus and the former Union of Soviet Socialist Republics is still in force.)
  4. Bahrain – Cyprus Double Taxation Avoidance Agreement
  5. Barbados – Cyprus Double Taxation Avoidance Agreement
  6. Belarus – Cyprus Double Taxation Avoidance Agreement
  7. Belgium – Cyprus Double Taxation Avoidance Agreement
  8. Bosnia Tax Treaty (Treaty between Cyprus and the former Socialist Federal Republic of Yugoslavia is still in force.)
  9. Bulgaria – Cyprus Double Taxation Avoidance Agreement
  10. Canada – Cyprus Double Taxation Avoidance Agreement
  11. China – Cyprus Double Taxation Avoidance Agreement
  12. Czech Republic – Cyprus Double Taxation Avoidance Agreement
  13. Denmark – Cyprus Double Taxation Avoidance Agreement
  14. Egypt – Cyprus Double Taxation Avoidance Agreement
  15. Estonia – Cyprus Double Taxation Avoidance Agreement
  16. Ethiopia – Cyprus Double Taxation Avoidance Agreement
  17. Finland – Cyprus Double Taxation Avoidance Agreement
  18. France – Cyprus Double Taxation Avoidance Agreement
  19. Georgia – Cyprus Double Taxation Avoidance Agreement
  20. Germany – Cyprus Double Taxation Avoidance Agreement
  21. Greece – Cyprus Double Taxation Avoidance Agreement
  22. Guernsey – Cyprus Double Taxation Avoidance Agreement
  23. Hungary – Cyprus Double Taxation Avoidance Agreement
  24. Iceland – Cyprus Double Taxation Avoidance Agreement
  25. India Tax Treaty (new agreement signed on 18/11/2016, date of entry into force 14/12/2016)
  26. Iran – Cyprus Double Taxation Avoidance Agreement
  27. Ireland – Cyprus Double Taxation Avoidance Agreement
  28. Italy – Cyprus Double Taxation Avoidance Agreement
  29. Jersey – Cyprus Double Taxation Avoidance Agreement
  30. Kuwait – Cyprus Double Taxation Avoidance Agreement
  31. Kyrgyzstan Tax Treaty (Treaty between Cyprus and the former Union of Soviet Socialist Republics is still in force.)
  32. Latvia – Cyprus Double Taxation Avoidance Agreement
  33. Lebanon – Cyprus Double Taxation Avoidance Agreement
  34. Lithuania – Cyprus Double Taxation Avoidance Agreement
  35. Luxembourg – Cyprus Double Taxation Avoidance Agreement
  36. Malta – Cyprus Double Taxation Avoidance Agreement
  37. Mauritius – Cyprus Double Taxation Avoidance Agreement
  38. Moldova Double Taxation Avoidance Agreement
  39. Montenegro Tax Treaty (Treaty between Cyprus and the former Socialist Federal Republic of Yugoslavia is still in force.)
  40. Norway – Cyprus Double Taxation Avoidance Agreement
  41. Poland – Cyprus Double Taxation Avoidance Agreement
  42. Portugal – Cyprus Double Taxation Avoidance Agreement
  43. Qatar – Cyprus Double Taxation Avoidance Agreement
  44. Romania – Cyprus Double Taxation Avoidance Agreement
  45. Russia Tax Treaty (amending protocol in force as of 02/04/2012)
  46. San Marino Tax Treaty (amending protocol signed on 19/05/2017)
  47. Serbia Tax Treaty (Treaty between Cyprus and the former Socialist Federal Republic of Yugoslavia is still in force.)
  48. Saudi Arabia Tax Treaty (in force from 01/01/2019)
  49. Seychelles – Cyprus Double Taxation Avoidance Agreement
  50. Singapore – Cyprus Double Taxation Avoidance Agreement
  51. Slovakia Tax Treaty (Treaty between Cyprus and the former Socialist Federal Republic of Yugoslavia is still in force.)
  52. Slovenia  – Cyprus Double Taxation Avoidance Agreement
  53. South Africa Tax Treaty (amending protocol in force as of 18/09/2015)
  54. Spain – Cyprus Double Taxation Avoidance Agreement
  55. Sweden – Cyprus Double Taxation Avoidance Agreement
  56. Switzerland – Cyprus Double Taxation Avoidance Agreement
  57. Syria – Cyprus Double Taxation Avoidance Agreement
  58. Thailand – Cyprus Double Taxation Avoidance Agreement
  59. Ukraine – Cyprus Tax Treaty (amending protocol signed on 11/12/2015)
  60. United Arab Emirates – Cyprus Double Taxation Avoidance Agreement
  61. United Kingdom – Cyprus Double Taxation Avoidance Agreement
  62. USA – Cyprus Double Taxation Avoidance Agreement
  63. Uzbekistan Tax Treaty (Treaty between Cyprus and the former Union of Soviet Socialist Republics is still in force.)
 

REQUEST CONSULTATION

  • Please check the captcha box to proceed