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ARTICLE · 05 AUGUST 2021

Corporate Tax 2021

Elias Neocleous & Co LLC
Elias Neocleous & Co LLC
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Elias Neocleous & Co LLC

Elias Neocleous & Co LLC

Elias Neocleous & Co LLC (ENC) is among the largest firms in southeast Europe and the Eastern...

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Elias Neocleous & Co LLC is proud to announce the publication of the most recent update of the authoritative and critical Cyprus chapter of the Global Legal Insights – Corporate Tax 2021.

CyprusTax

Overview of corporate tax work over the last year

Types of corporate tax work

The geographic location of Cyprus and its position as an international finance centre tends to mean that the corporate work undertaken by tax specialists on the island is both complex and varied. It also frequently intersects with personal tax issues since Cyprus is home to many high-net-worth individuals who are significant corporate investors. The COVID-19 pandemic did initially lead to the deferral of several significant corporate deals; however, several of these are now starting to come to fruition and other avenues for tax specialists have been opened earlier than anticipated as the government seeks to kickstart the economy. Specific areas of activity are the following.

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