Cyprus And India Sign a Double Tax Treaty

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G. Vrikis & Associates Ltd

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G. Vrikis & Associates LLC is a rapidly expanding and prominent law firm in Cyprus. Established in 2015 by its managing partner, Mr. George Vrikis, the firm has been focused in providing high-level legal advice to its clients and expanding its international profile and clientele, while at the same time maintaining a prompt, proactive and family office-approach for its clients. The Firm has expanded to a second location in Limassol in 2019, with the addition of Mrs Christiana Kouppi as a Partner.
The Treaty is expected to encourage further economic development and cooperation between the two countries, and attract further international investments into Cyprus.
Cyprus Tax

As of mid-November, the Republic of Cyprus and the Republic of India signed a Double Tax Treaty in relation to taxation on income.

Under the terms of reaching this Agreement, once it enters into force and becomes fully operational, India shall remove Cyprus from its list of "Notified Jurisdictional Areas", and such removal shall be retrospective as of the 1st November 2013.

The Treaty is expected to encourage further economic development and cooperation between the two countries, and attract further international investments into Cyprus.

14 December 2014

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