As of January 1, 2015 Cyprus has three new active double tax avoidance agreements (DTA) with Spain, Norway and Lithuania. The agreements were created based on the Organisation for Economic Co-operation and Development Model Tax Convention framework with a number of modifications.

All three treaties apply to taxes on income and gains arising from the disposal of immovable and movable property.

In 2014 Cyprus has signed tax treaties with Switzerland, Iceland and Guernsey. But those agreements are still awaiting ratification.