November 13, 2017

Cyprus writes off small debts

Nicosia - The House of Representatives passed last week a law to write off overdue taxes of up to €100. The Amending Law on the Procedure for Settlement of Overdue Taxes (Amending) (No.2) Law of…
October 23, 2017

Fitch upgraders Cyprus economy yet again

London - Fitch Ratings has upgraded Cyprus’ long-term debt in foreign currency by one notch to ‘BB’, one upgrade short of an investment-grade rating, it announced last week. In a statement, the ratings house said…

News Archive

October 12, 2017

Panayiotis Panayi aces Expert in European VAT degree

Limassol - Senior Consultant with Chelco VAT Ltd, Panayiotis Panayi, has earned the coveted Expert in European Value Added Tax (VAT) diploma after graduating… Click here to read more.
September 18, 2017

S&P revises Cypriot economy from Stable to Positive

New York - Standard & Poor’s (S&P) rating agency affirmed last week the rating of the Cyprus economy at BB+/B while revising the outlook… Click here to read more.
September 06, 2017

Property sales in Limassol and Paphos on the rise

Nicosia - Property sales in Limassol and Paphos have shot up while Larnaca recorded a drop, according to media reports. Real estate sales in… Click here to read more.
August 11, 2017

Cyprus is top European country for second citizenship

Cyprus is the No. 1 pick in the European Union and seventh in the world of countries offering second citizenship by investment according to… Click here to read more.
July 31, 2017

Moody’s upgrades Cyprus to Ba3

New York - Moody’s international rating agency upgraded last week Cyprus’ credit grade by one notch, to Ba3 from B1, citing strong economic growth… Click here to read more.
May 29, 2017

Cyprus and Luxembourg sign DTT

Nicosia - Cyprus and Luxembourg signed a Double Tax Treaty (DTT) on Monday, 8 May 2017. The Double Taxation Avoidance Agreement is expected to… Click here to read more.