The Cyprus Ministry of Finance has signed an income tax treaty with Curacao on 23 April 2025.
The agreement aims to eliminate double taxation on income and prevent fiscal evasion between Cyprus and Curacao.
The Ambassador of Cyprus to Washington, Mr. Evangelos Savvas, signed the agreement on behalf of Cyprus, and the Minister of Finance of Curacao, Mr. Javier Silvania, signed on behalf of Curacao.
This is the first treaty between the two countries and will take effect after the exchange of ratification instruments.
The treaty is based on the OECD Model Tax Convention (2017 Model). It incorporates all the minimum standards of the Base Erosion and Profit Shifting (BEPS) Actions that apply to bilateral treaties.
