Draeger Safety, an international leader in the fields of medical and safety technology, is seeking to expand its market share in Iran’s petroleum industry. According to Draeger’s regional manager for oil, gas and chemical, Ian White, their business in Iran is to provide safety products, including protection equipment such as breathing apparatus, respiratory protection and […]

With the signing of the Convention for the Elimination of Double Taxation, the Republic of Cyprus and the Grand Duchy of Luxembourg made an important step to strengthen and to enhance their economic cooperation.   The Double Taxation Avoidance Agreement between the Republic of Cyprus and the Grand Duchy of Luxembourg was signed on Monday, […]

The Cypriot government and authorities are committed to implement a series of specific incentives in order to attract Indian filming companies.   Due to its natural beauty Cyprus was always a very attractive location for Indian filmmakers. However due to lack of incentives the majority of filming companies decided to not to produce their films […]

After some years of tough negotiations, the new Cyprus India Double Taxation Avoidance Agreement (DTAA) has been signed on 18 November 2016. The new Cyprus India DTAA is expected to re-boost trade and investment activities between the two countries. The new Cyprus India Double Taxation Avoidance Agreement (DTAA) came into force on 1 January 2017 […]

With the signing of the new Double Taxation Agreement India has removed Cyprus from its tax blacklist. Cyprus had been blacklisted by the Indian Government on 01/112013 as so-called “Notified Jurisdictional Area” (“NJA”), which is a term quite similar to “non-cooperative country”, for not providing important tax information requested by the Indian tax authorities under […]

The number of new Cyprus company registrations continues to rise in 2017. According to the figures of the Registrar of Companies and Official Receiver the number of new company registration rose by 8.9% to 1,315 in March, compared with the same month of last year. The number of applications submitted for name approval rose by […]