Russian companies value Cypriot tax regime, Russian-friendliness

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Russian companies value Cypriot tax regime,...
 © BusinessMail 2017
By Stelios Orphanides

Russian companies are attracted to Cyprus mainly because of its tax regime, including double taxation treaties, European Union membership, and Russian-friendliness, a survey published by accounting firm EY has showed.

The survey, Russia Doing Business in Cyprus 2017 – Measuring Quality and Efficiency, said 83 per cent of interviewed Russian enterprises “commended Cyprus for the friendly tax regime and stability of its tax laws, the wide range of double taxation agreements with other countries, its membership to the European Union, and the exceptional...


Russian companies value Cypriot tax regime, Russian-friendliness


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