Further to the circular issue on 14th June 2018 for bank accounts of “SHELL COMPANIES” in Cyprus a revised circular has been issued by the CENTRAL BANK OF CYPRUS on November 5th clarifying the status of “SHELL COMPANIES” and who is eligible to opening of accounts. Click here to read the circular
CYPRUS INVESTMENT PROGRAMME on the basis of subsection (2) of section 111A of the Civil Registry Laws of 2002-2019 One of the main objectives of the economic policy of the Republic of Cyprus is to further encourage foreign direct investment and to attract high net worth individuals to settle and conduct their business in Cyprus.
Convention for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income between the Government of the Republic of Cyprus and the Government of the Republic of Kazakhstan The Convention for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income