Ecovis in Cyprus

Tax advisors, accountants, auditors and business consultants

We offer clever accountancy and business advisory services covering all areas of conformity and advisory work, we will give you the guarantee you need to run your business successfully.

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Andreas Karaolis

Tax consultant, Chartered Accountant / Certified Public Accountant (CPA) in Nicosia

Phone: +357 226 666 55

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International tax, audit, accounting and legal news

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Vietnam Hague Apostille Convention 2026: Why documents for Germany, Austria and the Czech Republic still need a separate route

The 1961 Hague Apostille Convention entered into force for Vietnam on 11 September 2026, replacing consular legalisation with a single apostille for public documents exchanged with most contracting states. Ecovis consultants explain why documents moving between Vietnam and Germany, Austria or the Czech Republic need a separate route check.

Termination notice Germany power of attorney: How companies avoid a costly formal error trap

The letter is signed, the signatory is authorised – and the termination can still fail. Under German law, the recipient may reject a unilateral declaration if the original power of attorney is missing.

Dividend tax on foreign individuals in China: Tax exemption abolished from September 2026

Effective from 1 September 2026, dividend income obtained by foreign individuals from foreign-invested enterprises in China will be subject to individual income tax at a rate of 20%. This abolishes a 30-year tax exemption.