SHANDA CONSULT

NEWS

India - Cyprus: Refunding of Indian Withholding Tax due to NJA

Published on 26/07/2017

Shanda Consult offers assistance in refunding of increased withholding tax, which has been withheld by Indian Tax Authorities related to the NJA status of Cyprus between 01/11/2013 and 31/03/2017.

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Lebanon - Economic and financial market overview

Published on 24/07/2017

Despite the global and regional economic challenges Lebanon has maintained its financial stability over the past quarter century. The financial sector, especially the banking sector has grown rapidly over the past years.

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EBRD will operate in Lebanon as its new shareholder

Published on 19/07/2017

Lebanon is approved by shareholders of the European Bank for Reconstruction and Development, to become a member.

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NIOC and Toyo signed MoU to develop oilfield project of Iran

Published on 18/07/2017

National Iranian Oil Company (NIOC) has sealed a MoU with Japan’s Toyo Engineering Corporation to increase natural gas production and to renovate the oilfield’s facilities.

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Cyprus Tax Residence status for individuals in 60 days

Published on 18/07/2017

The Parliament of Cyprus has recently approved the proposal of amending the rules for determining tax residency of individuals in Cyprus. Thus individuals can claim tax residence status without staying 183 days in Cyprus in the given tax year.

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Most modern Biogas Plant of Ukraine opened in Volnovakha

Published on 17/07/2017

The farming company EkoProd AT in Volnovakha, District of Donetsk, invested in a biogas plant with a planned installed capacity of 3 MW. The biogas plant will produce heat and electricity, which will be enough for 3.500 households in Volnovakha.

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