Third Country Nationals in Cyprus Applying for a Work Permit


It is possible for third country nationals in Cyprus to apply for a work permit via the company which is employing them. However, the company must be eligible to apply for employing third country nationals in order for an individual to apply for a work permit. Companies which are considered ‘eligible’ are the ones where […]


Indonesia Wants to Place VAT On E-Commerce


Indonesia is the latest Asia Pacific country to indicate it wants to start levying VAT on e-commerce sales of goods to consumers. Currently, domestic online retailers are exempt from the Indonesian VAT, which is charged at 10%. However, the Indonesian Minister for Finance, Bambang Brodjonegoro, has confirmed the Government hopes to introduce value-added tax (VAT) […]


Dubai Customs Inks MoU With New Free Zone


The Dubai Design District (d3) within the customs framework for a soon-to-be launched free zone has been agreed in the memorandum of understanding (MoU) between Dubai Customs and the Dubai Media Free Zone Authority. Different to any other free zone in Dubai, d3 has a significant retail element and has therefore been designed to attract […]


Croatia and UK Have Signed Double Taxation Avoidance Agreement


An Agreement for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and on capital gains has been signed between Croatia and the UK. The aforementioned Agreement was duly signed on January 15th, 2015 and it will enter into force when both countries complete their Parliamentary procedures […]


A Brand New Collective Investment Passport Scheme for Cyprus


Upon the 19th scheme, yet another new scheme was approved containing the following provisions: Non-Cypriot residents’ investments will be reduced to €2.5 million should they participate in the collective investment scheme with a total value of the investment of at least €12.5 million (Euros) Any investment in the first three categories as referred below will […]