CONTINUEThis site uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Find out more.
  1. Front Page
  2. News By Topic
  3. Qatar and Cyprus Sign Multiple Agreements

Qatar and Cyprus Sign Multiple Agreements

by Lorys Charalambous, Tax-News.com, Cyprus

17 November 2008


The Qatari Prime Minister Sheikh Hamad bin Jassim al Thani visited Nicosia earlier this month to ratify several bilateral agreements and Memoranda of Understanding between Qatar and Cyprus, including an agreement on the avoidance of double taxation.

Seven agreements in all were ratified on November 11, including agreements for the avoidance of double taxation, tax evasion, economic and technical cooperation and the promotion and protection of international investment. Memoranda of Understanding were also signed to intensify cooperation between both countries' tourism, health and immovable property sectors. An additional Memorandum of Understanding was also signed between the central banks of Cyprus and Qatar for cooperation in the monitoring of money lending organisations.

The agreements were ratified by Prime Minister Al Thani, who also acts as Minister of Foreign Affairs, as part of a two day official visit to the Cypriot capital Nicosia. The Cypriot government was represented by President Demetris Christofias.

The Cypriot government is seeking to expand its network of double taxation agreements and is in negotiations with 39 countries for new and updated tax treaties. Of these, the final agreement stage has been reached with the Czech Republic, Iran, India, Luxembourg, Moldova, Slovenia and Yugoslavia. Negotiations with Estonia, Latvia, Lithuania, Finland, Netherlands, Portugal and Spain are at advanced stages of negotiation.


To see today's news, click here.

 















Tax-News Reviews

Cyprus Review

A review and forecast of Cyprus's international business, legal and investment climate.

Visit Cyprus Review »

Malta Review

A review and forecast of Malta's international business, legal and investment climate.

Visit Malta Review »

Jersey Review

A review and forecast of Jersey's international business, legal and investment climate.

Visit Jersey Review »

Budget Review

A review of the latest budget news and government financial statements from around the world.

Visit Budget Review »



Stay Updated

Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.

By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.


To manage your mailing list preferences, please click here »