Following the recent visit of Russian President Medvedev to Cyprus and the signing of the Protocol to the double taxation agreement on behalf of the governments of both countries, it is expected that the amended treaty will be ratified by the Parliaments of the two countries and will become effective from 1 January 2011. The…
An agreement on the avoidance of double taxation and the prevention of income tax evasion between Cyprus and United Arab Emirates was announced by the Cyprus Government. Although details of the agreement have not yet been released, according to the official announcement, the agreement will contribute greatly to further capitalising on UAE investment interests in…
The Limitation of Actions Law sets out the time limits within which claims must be brought before a court. The Law was suspended following inter-communal disturbances in 1964 and has remained suspended ever since.Law 110(I)/2002 was passed, which provided that the Limitations Law would re-enter into force with effect from 1 June 2005. However, Law…