A new Double Taxation Agreement has been added to the wide network of double taxation treaties which Cyprus has with a large number of countries.
On the 5th October 2010, the Republic of Cyprus signed a double Taxation Treaty with Kuwait.
The Cypriot Minister of Finance Mr. Stavrakis characterized as historical the visit of the Minister of Finance of Kuwait, stating that, the Agreement avoiding the double taxation, is the first important step in the aid and intensification of the economic and commercial relations of the two countries.