Cyprus and Latvia signed a treaty on the avoidance of double taxation, the finance ministry said. The agreement was signed in Brussels on Tuesday. “The text agreed by the negotiating…

Property transactions rose 17 per cent in May, to 474, compared to the respective month of 2015, as market activity picks up in coastal areas, the land registry said. Most…

Cyprus’s economy grew 2.6 per cent in the first quarter of 2016 compared to the respective period of 2015 and a seasonally adjusted 2.7 per cent, the statistical service said…

Cyprus’s economy expanded at a seasonally adjusted annual 2.7 per cent rate in the first quarter of 2016, which was the second fastest in the euro area, after Spain’s 3.4…

The Council of Ministers has approved the reduction of the immovable property tax rate by 50% and abolished the immovable property tax collected by municipalities and communities. “Today we made…

By Frances Miller The financial crisis of 2013 came as a wake-up call to the government and business community in Cyprus, and has been a key driver behind efforts to…

The Cyprus business environment has been a site of constant changes this past decade, with a large number of mergers and acquisition having taken place. For many businesses a merger…

Nicosia is aiming to put in place a State Secretariat for Development. The main goal of such a department will be to fast track licensing for large investments in the…