18 January 2018

Significant Increase in Cyprus Tourism Revenue

According to a recent report by the Statistical Service of Cyprus (Cystat), tourism revenue increased by 119% in the first ten months of 2017 Cystat reported that, on the basis of the results of the Passenger Survey, tourism revenue reached the amount of €277,1 million in the month of October 2017 compared to the €266,0 million in the corresponding month of the previous year (42%)

Cystat’s report says: “For the period of January – October 2017 revenue from tourism is estimated at €2493,8 million compared to €2228,7 million in the corresponding period of 2016, recording an increase of 119%”

The expenditure per person in October 2017 recorded a decrease of 86%, falling to €681,05 from €744,73 in comparison to the corresponding [ ]

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10 January 2018

Tax Update: Cyprus-Saudi Arabia Double Tax Treaty signed

Cyprus and Saudi Arabia have signed a Convention for the avoidance of double taxation with respect to taxes on income and for the prevention of

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21 December 2017


On December 14th 2017, the Ministry of Energy, Commerce, Industry and Tourism announced the 2nd Call for Proposals for the funding of Youth and Women

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20 December 2017

Season Greetings!

ServPRO wishes you a wonderful Christmas and a Happy New Year 2018!Closing Dates: Our office will remain closed throughout the holiday season from the 25th of

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14 December 2017


According to the latest report from the Statistical Service of Cyprus, the economy of Cyprus grew by 3.9% in the third quarter of 2017. The

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