The European Court of Justice is to rule whether German denial of withholding tax exemption in certain cases breaches EU Parent-Subsidiary directive. A German subsidiary of the Danish Juhler Holding A/S, an international recruitment agency with 35 offices in Europe and Asia, has been denied by German tax authorities to pay tax-free dividends to its […]

The Cypriot cabinet has approved the so called Cyprus Startup Visa scheme on the 15th of February 2017 with the aim to attract foreign investments from non-EU countries (third countries) to Cyprus in the fields of innovation and research and development (R&D). The Cyprus Startup Visa plan aims to attract foreign, third-country investors, who wish […]

The Managing Director of Shanda Consult, Mr Stefan Nolte, will visit Mumbai and Delhi as part of the Cyprus business delegation accompanying the President of the Republic of Cyprus, Mr Nicos Anastasiades, on his official visit to India. The President of Cyprus will be accompanied on his official visit to India by the following Ministers: […]

Iran’s renewable energy volume will increase to 700 – 850 megawatts (MW) during the current Iranian year (1396). Ninety percent of this capacity will be supplied from wind and solar farms. At the moment, Iran’s energy industry aim to supply 5 percent of the Iran’s electricity demand, from renewable energies. According to the renewable energy […]

The change of rules of fiscal transparency are showing their impact in the United Arab Emirates as well. Unlike until recently, banks in the United Arab Emirates started to ask for the tax IDs of the home country of shareholders or beneficial owners, as well as their passport copies and other documents. Personal presence of […]

The EBRD (European Bank for Reconstruction and Development) is going to held its 26th Annual Meeting and business forum in Nicosia, Cyprus. The event will be held from 9 to 11 May 2017. The main theme of this year’s business forum is “Targeting Green and Inclusive Growth: Meeting Regional and Global Challenges” which will involve […]