Cyprus and Liechtenstein sign double taxation avoidance agreement

The Republic of Cyprus and the Principality of Liechtenstein have successfully concluded a bilateral agreement aimed at the elimination of double taxation on income and the prevention of tax evasion. The Ministry of Finance of Cyprus announced the finalization of this agreement on Thursday, November 13, 2026, via an official statement on the social media platform X.

This agreement serves as a strategic milestone in the diplomatic and economic relations between the two nations. According to the Ministry, the primary objective of this treaty is to enhance legal certainty regarding tax obligations for businesses and individuals. By establishing a clear framework for tax cooperation, the agreement is intended to foster a more favorable environment for cross-border investments and business expansion between Cyprus and Liechtenstein.

The announcement highlights the government's ongoing effort to strengthen international economic ties and modernize the national tax infrastructure. While no specific implementation date or legislative timeline for ratification was disclosed in the initial reports, the conclusion of the agreement marks a significant step forward in formalizing the bilateral fiscal cooperation between the two jurisdictions.