ArticleEuropean Holding Regimes 2019 - Cyprus SectionThere is a flat fee of EUR 105 for registration and an annual company maintenance fee of EUR 350.CyprusCorporate/Commercial LawElias Neocleous & Co LLC
ArticleReminder | Annual Company Levy 2021 And Settlement Of Special Contribution For Defence On RentsIt is kindly reminded that all the Cyprus registered companies are subject to a €350 Annual Company Levy. CyprusCorporate/Commercial LawRSM Cyprus
ArticleCyprus Citizenship Through Permanent Residence (PR)If you have Cypriot heritage in your family tree you might be on the right pathway to obtain the Cyprus passport.CyprusImmigrationMichael Kyprianou & Co. LLC
ArticleCyprus - An Ideal Location For Intellectual Property AssetsCyprus IP regime is fully compliant with international developments in the tax treatment of IP income and OECD's guidance. CyprusIntellectual PropertyDeloitte Cyprus
ArticleCyprus Changes Tax Regime On RoyaltiesIn late December, the Ministry of Finance issued a press release on an amendment to the Intellectual Property tax regime.CyprusIntellectual PropertyTMF Group BV
Article50% Tax Reduction For First Time Employment In CyprusThe Cyprus government passed new tax incentives on 26 July 2022. The scheme is along with the One Stop Shop, and the granting of visas and work permits to the spouses...CyprusTaxEurofast
ArticleAccelerated Tax Depreciation For Income TaxPlant and machinery acquired in 2012-2016 benefited from 20% per annum tax depreciation (excluding such assets already eligible for a higher rate of annual tax depreciation). CyprusTaxPwC Cyprus
ArticleAmendments To Article 8(23A) Of The Income Tax Law Of 2002 (118(I)/2002)On the 30 June 2023, the Amending Law 51(I) of 2023 which amends the Income Tax Law of 2022 (118(I)/2002) (hereinafter the "Income Tax Law") and more specifically sub-article 23A of Article 8 was published...CyprusTaxMichael Kyprianou & Co. LLC
ArticleAmendments To The Process Of Adjustment Of Tax Arrears Law Of 2017The Process of Adjustment of Tax Arrears Law of 2017, Law 4(I) of 2017, established a procedure for settling tax arrears by monthly instalments...CyprusTaxElias Neocleous & Co LLC
ArticleCircular 4/2024 - Article 8(23A) Exemption For Employment Excercised In CyprusThe Tax Department issued Circular 4/2024 on 8 July 2024, regarding the exemption from income tax of 50% of the remuneration from employment exercised in Cyprus, as per the amended Article 8(23A) of the Income Tax Law.CyprusTaxKPMG in Cyprus
ArticleCommunication With The Cyprus Tax DepartmentOn 7 September the Tax Department announced further steps in its programme to improve efficiency and speed communication with taxpayers.CyprusTaxElias Neocleous & Co LLC
ArticleCyprus Aims To Boost Startup Sector With New Tax IncentivesDuring a period of intensive efforts towards attracting foreign investors and building a developed business system, the Cypriot Council of Ministers has approved new attractive tax incentives. CyprusTaxEurofast
ArticleCyprus And Iran Sign Double Tax TreatyOn 4 August 2015, the governments of Cyprus and Iran signed an agreement for the avoidance of double taxation (the Treaty).CyprusTaxHarneys
ArticleCyprus And Russia Sign The Protocol To Amend The Double Tax TreatySigning of the Protocol is a response to COVID19 fiscal challenges and opens a new era in Russia-Cyprus business relationships.CyprusTaxErnst & Young Cyprus Ltd
ArticleCyprus Corporate Tax Return & SIT Deadlines For 2022The Cyprus Tax Department (CTD) has set the deadline for submitting the Corporate Income Tax Return (TD4) and the Summary Information Table of Controlled Transactions (SIT) for the tax year 2022 as 28th February 2025.CyprusTaxEurofast
ArticleCyprus Tax Residency In 60 DaysOn the strength of the parliamentary resolution of the Cyprus House of Representatives, on the 14th July 2017, the rule of 183 days, as regards the determination of tax residency of individual persons in Cyprus...CyprusTaxMichael Kyprianou & Co. LLC
VideoGet A Surprisingly Low 2.5 Percent Tax Rate For Your Cyprus Company (Video)2.5% Corporation Tax & 0% Dividend Tax when you are using a Cyprus Company which has been set up with these specifics. Watch the video for more.CyprusTaxCYAUSE Audit Services Ltd
ArticleImportant: Payment Of Temporary Tax For The Year 2022According the Cyprus Income Tax Laws, all companies that will have taxable income for tax year 2022 should submit to the Tax Authorities by 31 July 2022...CyprusTaxAreti Charidemou & Associates LLC
ArticleIncome Declaration In Albania: Why You Need Professional ConsultancyStarting January 1, 2025, Albania introduces significant updates to the Annual Personal Income Declaration process. These changes aim to enhance transparency and compliance...CyprusTaxEurofast