Cyprus Forex Company Registration | Index2day

Cyprus is the leading country in the EU regulating the Forex market due to its numerous tax advantages, low set up and operational expenses along with the “passport effect” to offer services in all EU countries.

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The Best EU Investment Fund Jurisdiction | Cyprus Funds | Index2Day

A month after India's Department of Revenue notified Cyprus as a notified jurisdictional area (NJA) for not sharing information about tax dodgers, the Island has agreed to exchange information and amend the tax treaty between the two.

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Cyprus | India New Tax Agreement | Information Exchange Provision | Index2Day

A month after India's Department of Revenue notified Cyprus as a notified jurisdictional area (NJA) for not sharing information about tax dodgers, the Island has agreed to exchange information and amend the tax treaty between the two.

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Cyprus steps out to defend its tax regime | Index2Day

Cyprus, along with Luxembourg, British Virgin Islands and the Seychelles have been rated "non-compliant" with international tax transparency norms.

The OECD raised concerns on Cyprus failure to respond to tax information requests. Another concern the OECD has is that only about 23 percent of Cyprus-based corporations filed income tax returns with the government between 2008 and 2012. The low number of filings may have accounted for a lack of government oversight and resulted in Cyprus not exchanging up-to-date tax information with other jurisdictions, the report said. 

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Amendments Proposed for EU Parent-Subsidiary Directive | Index2Day

On Monday, 25 November, the European Commission proposed changes to EU corporate tax law that would be intended to address tax avoidance in Europe.


According to the European Commission official press release, the Commission wants to close loopholes being used for a particular tax planning arrangement (hybrid loan arrangements) and to introduce a general anti-abuse rule the Directive is not exploited by tax avoiders.Read the full article on Index2Day.

Eurozone Banking Sector has Changed | Index2Day

 Smaller, less leveraged and more concentrated is the Eurozone banking sector in relation to the pre-crisis data, according to a survey by the European Central Bank on the structural changes that have occurred in the period 2008-2012. Read more on Index2Day.

Troika strategy for Cyprus banking ‘not working’ | Index2Day

Troika strategy for Cyprus banking ‘not working’ | Index2Day

Estonia DTA also approved by the Estonian Parliament | Index2day

A Double Tax Agreement (DTA) was signed between Cyprus and Estonia on October 15, 2012. The Cyprus Govermnent rativied the DTA in February 2013 and now it has also been approved by the Estonian Parliament on September 25, 2013. Read more: http://www.index2day.com/article/cyprus-estonia-dta-also-approved-by-the-estonian-parliament/

Dubai Multi Commodities Centre – UAE’s largest Free Zone | Index2Day

 The Dubai Multi Commodities Centre (DMCC), known also as the free zone authority behind Dubai’s Jumeirah Lake Towers, has now become UAE’s largest free zone, with more than 7,330 active registrations. Read more on Index2Day

EU Commission doesn’t give up on the FTT | Index2Day

(...) despite potential legal hurdles, German Finance Minister Wolfgang Schäuble has pointed that the introduction of the FTT at international level is still being considered. While insisting that "a solution can be found" to overcome the legal issues, Schäuble nevertheless mentioned that the tax will not now enter into force at the beginning of 2014 as initially planned...Read more on Index2Day

Cyprus Citizenship | OSYS Newsletter | Index2Day

Since 2004, Cyprus is a EU member. By becoming  a Cypriot citizen, one can take advantage of all the benefits that EU citizenship has to offer:
a. right to move and reside freely within the EU;
b. right to vote and stand as candidates in municipal and European Parliament in any EU country;(...) read more at OSYS Newsletter | Index2Day

Malta | Ukraine Sign Agreement for Avoidance of Double Tax | Index2Day

On the 4th of September in Kyiv, Malta’s prime minister Joseph Muscat held talks with the Ukraine's prime minister, Mykola Azarov and signed a Double Tax Treaty. (...) Read more on  Index2Day

How to obtain Cyprus Residency | Index2Day

On the 24th of May 2013, in an effort to promote foreign investment in Cyprus, the Cypriot Government introduced amended conditions for obtaining Cyprus Permanent Residency permits and Cyprus Citizenship to foreign investors.

Foreign persons that wish to obtain a Cyprus Permanent Tax Residency through means of investment have two options (...) read more on Index2Day.

G20 – New Global Standard on Tax Information Exchange | Index2Day

While the Group of the 20 leading economies (G20) summit in St Petersburg was dominated by tensions over the Syria crisis, a deal was reached on new rules to make it harder to hide money in tax havens and force companies to pay tax in the countries where they have profits (...) Read more on Index2Day

Cyprus Officially Enters World Energy Market – Historical Ignition of Gas Flame | Index2Day

Cyprus, the South Eastern border of the EU is expected to see a historical day today , as the first trial production of natural gas within its exclusive economic zone (EEZ), a process known as " flame ignition ", will become a reality.

The ignition of the flame(...) Read more on  Index2Day

Hellenic Bank (Cyprus) on loss for the first half of 2013 | Index2Day

Hellenic Bank declared a net loss of €46 million for the period from 1st of January to 30th of June 2013, by raising its provisions for non-performing loans that appeared during as a result of the financial crisis and Eurogroup’s decision about deposits.

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Hellenic Bank (Cyprus) on loss for the first half of 2013 | Index2Day

Most Powerful Supercomputer in East Med Region Hosted in Cyprus

Cyprus’ very own supercomputer, in its first year of operation, has carried out simulations producing 70 TB (Terabytes) of data, the equivalent of 17 million of copies of the bible, which would have taken a normal laptop 456 years to compute. Its computational power is 30 Tflops, which means it can perform 30 trillion multiplications per second.

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Most Powerful Supercomputer in East Med Region Hosted in Cyprus | Index2Day

Malta – Mexico Tax Treaty Update 2013 | Index2Day

Malta – Mexico Tax Treaty Update 2013 | Index2Day

Troika’s assesment of Cyprus Economic Programme | Index2Day

Troika’s assesment of Cyprus Economic Programme | Index2Day

Malta attracts High Net Worth Individuals | Index2Day

Malta attracts High Net Worth Individuals | Index2Day