Cyprus Tax Residence status for individuals by the 60 Days Rule PUBLISHED ON 18/07/2017
The Parliament of Cyprus has approved by common consent the proposal of amending the rules for determining tax residency of individuals in Cyprus. Under the currently existing (to be revised) law individuals were considered as tax resident in Cyprus if they were physically present for at least 183 days per year. According to the new […]
NIOC and Toyo signed MoU to develop oilfield project of Iran PUBLISHED ON 18/07/2017
A Memorandum of Understanding was signed on Monday 17 July in Tehran by Gholamreza Manouchehri, Deputy Managing Director of NIOC, Hamid Akbari, CEO of Petropars and Hiroshi Sato, Toyo’s Director of Energy Business Unit, aiming to renew the Salman oil and gas field’s facilities and to boost production. The Salman field is located in the Persian […]
Most modern Biogas Plant of Ukraine opened in Volnovakha PUBLISHED ON 17/07/2017
The farming company EkoProd AT in Volnovakha, District of Donetsk, invested in a biogas plant with a planned installed capacity of 3 MW. The biogas plant will produce heat and electricity, which will be enough for 3.500 households in Volnovakha. The biogas plant of EkoProd AT in Volnovakha is located between Donetsk Mariupol, in the area controlled […]
The Central Bank of Iran has been compelled to regulate CFIs crisis PUBLISHED ON 13/07/2017
CBI and the Ministry of Economic Affairs and Finance received ultimatum from the Parliament, last week, to regulate the non-bank credit institutions. After many non-bank credit institutions were bankrupt or were subject to bankruptcy, a group of lawmakers asked regulators to regulate these financial institutions and to manage the looming crisis. In Iran, banks and […]
