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Cyprus & Iran DTT

Cyprus & Iran Double Tax Treaty (DTT) entered into force.

Published on: 24 October 2017

The double tax treaty between Cyprus and Iran has entered into force and will be effective on 01 January 2018.

The treaty between the two countries was signed on the 4 August 2015 during a visit of a senior Iranian delegation to Cyprus. The agreement for the avoidance of double taxation is expected to create opportunities and improve investment, and trade relations between Cyprus and Iran.

The provisions of the DTT is in accordance with the OECD Model Tax Convention. The provisions of the Treaty relate to the following:

Dividends;
Interest;
Loyalties;
Capital gains.

Cyprus has signed over 60 DTTs, making Cyprus a very attractive jurisdiction for foreign investors, and therefore sustains its status of a leading financial hub.

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Established in 2011, Investment Gateway is an independent and impartial hub and initial point-of-contact to leading supplier-firms in Cyprus that provide professional services for investment purposes, including company formations, subsequent company administration and maintenance services, accounting and auditing, global tax planning, wealth management, as well as international banking. Investment Gateway introduces you to the right partner from a pool of pre-qualified supplier-firms, made-up of leading accounting, legal and consulting agencies in Cyprus.

The Investment-Gateway.eu platform is a completely free service, together with offering added-value content in general information, news updates, documents and analytics on the local Cypriot, European and global economy to help with investment strategies to the EU, Europe, Russia & CIS, Middle East & Africa, as well as around the world.

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