Double Tax: Treaty Developments

When we talk about double tax, we are referring to taxes being imposed to the same income in two different countries. In order to avoid such double tax, countries have signed double tax treaties in order to avoid being tax twice.

Cyprus offers a wild network of double tax treaties and is an accreditable jurisdiction following the EU directives and listed in the white list of OECD.

Cyprus has double tax treaties with more then 60 countries and is in negotiation with other countries as well.

You can find information about Cyprus tax treaties on the Ministry of Finance website

Double Taxation Agreements

	State	Date of Signature Treaty/ Protocol/Note	Date of entry into force	Publication in the Official Gazette of the Republic (Number, date, text document
1	Andorra	18/5/2018	11/01/2019	4240-1/6/2018
2	Armenia	17/01/2011	19/09/2011	4145 – 05 /09/ 2011
3	Austria (new agreement)	20/03/1990 21/05/2012	01/01/1991 01/04/2013	2500 – 27 /04/ 1990 4160 – 05 /10/ 2012
4	Azerbaijan***	29/10/1982	26/08/1983	26/11/1982
5	Barbados	03/05/2017	11/09/2017	4226 – 12/05/2017
6	Belarus	29/05/1998	12/02/1999	3273- 09 /10/ 1998
7	Belgium	14/05/1996	08/12/1999	3365 – 19 /11/ 1999
8	Bosnia*	29/06/1985	08/09/1986	2073 – 23 /08/ 1985
9	Bulgaria	30/10/2000	03/01/2001	3461 – 30 /12/ 2000
10	Canada	02/05/1984	03/09/1985	2053- 31 /05/ 1985
11	China	25/10/1990	05/10/1991	2578 – 22 /02/ 1991
12	Czech Republic (new agreement)	15/04/1980 28/04/2009	30/12/1980 26/11/2009	1599 – 03 /05/ 1980 4114 – 13 /11/ 2009
13	Denmark (new agreement)	26/05/1981 11/10/2010	10/04/1982 07/09/2011	1704 – 17 /07/ 1981 4145- 05 /09/ 2011
14	Egypt (new agreement)	19/12/1993 08/10/2019	14/03/1995 31/07/2020	2865 – 11 /03/ 1994 4255 – 25/10/2019
15	Estonia	15/10/2012	08/10/2013	4164 – 01 /02/ 2013
16	Ethiopia	30/12/2015	18/10/2017	4204 – 18 /01/ 2016
17	Finland	15/11/2012	28/04/2013	4167 – 22 /03/ 2013
18	France	18/12/1981	01/04/1983	1468 – 09 /07/ 1982
19	Georgia	13/05/2015	04/01/2016	4196 – 29 /05/ 2015
20	Germany (new agreement) (amending protocol)	09/05/1974 18/02/2011 19/02/2021	11/10/1977 16/12/2011 08/12/2021	1199 – 27 /06/ 1975 4145 – 05 /09/ 2011 4264 – 05/03/2021
21	Greece	30/03/1968	16/01/1969	651 – 10 /05/ 1968
22	Hungary	30/11/1981	24/11/1982	862 -07 /05/ 1982
23	Iceland	13/11/2014	22/12/2014	4191 – 19 /12/ 2014
24	India (new agreement)	13/06/1994 18/11/2016	21/12/1994 14/12/2016	2921 – 04 /11/ 1994 4216 – 25 /11/ 2016
25	Iran	04/08/2015	05/03/2017	4198 – 25 /08/ 2015
26	Ireland	24/09/1968	12/07/1970	726 – 19 /05/ 1969
27	Italy (new protocol)	24/04/1974 04/06/2009	09/06/1983 23/11/2010	1586 – 05 /09/ 1980 4125 – 04 /06/ 2010
28	Jersey	11/07/2016	17/02/2017	4213 – 05 /08 /2016
29	Jordan	17/12/2021	11/04/2022	4272 – 31/12/2021
30	Kazakhstan	15/5/2019	17/1/2020	4251-24/5/2019
31	Kingdom of Bahrain	09/03/2015	26/04/2016	4193 – 20 /03/ 2015
32	Kuwait (new agreement)	15/12/1984 05/10/2010	25/09/1986 30/08/2013	2026 – 18 /01/ 1985 4145 – 05 /09/ 2011
33	Kyrgyzstan***	29/10/1982	26/08/1983	26/11/1982
34	Latvia	24/05/2016	27/10/2016	4211 – 03 /06 /2016
35	Lebanon	18/02/2003	14/04/2005	08/04/2005
36	Lithuania	21/06/2013	17/04/2014	4173 – 04 /12/ 2013
37	Luxembourg	08/05/2017	23/04/2018	4235-29/12/2017
38	Malta	22/10/1993	11/08/1994	2860 – 25 /02/ 1994
39	Mauritius (New protocol)	21/01/2000 23/10/2017	12/06/2000 2/5/2018	3410 – 02 /06/ 2000 4233 – 17/11/2017
40	Moldova	28/01/2008	03/09/2008	4098 – 29 /08/ 2008
41	Montenegro*	29/06/1985	08/09/1986	2073 – 23 /08/ 1985
42	Netherlands	01/06/2021		4268 – 04/06/2021
43	Norway (new agreement)	02/05/1991 24/02/2014	01/01/1995 08/07/2014	11/06/1996 4180 – 20 /06/ 2014
44	Poland (new agreement)	04/06/1992 22/03/2012	07/07/1993 09/11/2012	2735 – 04 /09/ 1992 4156 – 30 /03/ 2012
45	Portugal	19/11/2012	16/08/2013	4167 – 22 /03/2013
46	Qatar	11/11/2008	20/03/2009	4099 – 14 /11/ 2008
47	Romania	16/11/1981	08/11/1982	1757- 26 /02/ 1982
48	Russia (amending protocol) (additional amending protocol)	05/12/1998 07/10/2010 08/09/2020	17/08/1999 02/04/2012 15/01/2021	3306 – 26 /02/ 1999 4145 – 05 /09/ 2011 4260 – 11/09/2020
49	San Marino (amending protocol)	27/04/2007 19/05/2017	18/07/2007 27/6/2018	4088 – 13 /06/ 2007 4230 – 30 /06/ 2017
50	Saudi Arabia	03/01/2018	01/03/2019	4237 – 05/03/2018
51	Serbia*	29/06/1985	08/09/1986	2073 – 23 /08/ 1985
52	Seychelles	28/06/2006	27/10/2006	25/10/2006
53	Singapore	24/11/2000	08/02/2001	3641 – 30 /12/ 2000
54	Slovakia**	15/04/1980	30/12/1980	1599 – 03 /05/ 1980
55	Slovenia* (new agreement)	29/06/1985 12/10/2010	08/09/1986 14/09/2011	2073 – 23 /08/ 1985 4145 – 05 /09/ 2011
56	South Africa (amending protocol)	26/11/1997 01/04/2015	08/12/1998 18/09/2015	3214 – 16/01/1998 4195 – 08 /05/ 2015
57	Spain	14/02/2013	28/05/2014	4167 – 22 /03/ 2013
58	Sweden	25/10/1988	14/11/1989	2377 – 20 /01/ 1989
59	Swiss Confederation (amending protocol)	25/07/2014 20/07/2020	15/10/2015 03/11/2021	4181 – 30 /07/2014 4259-24/07/2020
60	Syria	15/03/1992	22/02/1995	2863 – 04 /03/ 1994
61	Thailand	27/10/1998	04/04/2000	3394 – 17 /03/ 2000
62	The States of Guernsey	15 /07/ 2014 (in Cyprus), 29 /07/2014 (in Guernsey)	04/03/2015	4182 – 14 /08/ 2014
63	Ukraine*** (new agreement) (amending protocol)	29/10/1982 08/11/2012 11/12/2015	26/08/1983 19/08/2013 28/11/2019	26/11/1982 4167 – 22 /03/ 2013 4203 – 23/12/2015
64	United Arab Emirates	27/02/2011	01/01/2014	4145 – 05 /09/ 2011
65	United Kingdom (amending protocol) (new agreement) amending protocol	20/06/1974 02/04/1980 22/3/2018 19/12/2018	18/03/1975 15/12/1980 18/7/2018 2/10/2019	1107 – 05 /07/ 1974 4238 – 2/4/2018 4248- 28/12/2018
66	USA	19/03/1984	31/12/1985	1944 – 04 /04/ 1984
67	Uzbekistan***	29/10/1982	26/08/1983	26 /11 1982

Notes

*7 Denmark – The existing Convention shall cease to have effect as from 1.1.2012

* The treaty between Cyprus and the Socialist Federal Republic of Yugoslavia is still in force.

** The treaty between Cyprus and the Czechoslovak Socialist Republic is still in force

***The treaty between Cyprus and the Union of Soviet Socialist Republics is still in force.

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Double Tax: Treaty Developments