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On 3 April 2024, the Cyprus Tax Department released additional frequently asked questions ..

Following the extension of tax relief on disposal of immovable property for the purposes of restructuring non-performing loans introduced by Laws 96(I), 98(I), 99(I) and 100(I) of 2018 ...

The Minister of Finance, in order to facilitate taxpayers and their tax consultants, has announced that there will be no administrative penalties imposed for the...

On 27 January the Cyprus parliament approved a new law which provides for the payment of overdue taxes by monthly installments.

Proposals have been submitted to Parliament to amend the Income Tax Law to regulate the tax treatment of losses resulting from the bail-in of unsecured depositors which took place in March 2013.

The protocol amending the double tax convention between the Republic of Cyprus and the Swiss Confederation which was signed on 20 July 2020 in Nicosia, Cyprus came into effect on 3 November 2021.

The electronic Income Tax Return for employees and selfemployed/individuals who do not prepare audited financial statements (FormT.D.1) for the year 2020 is now available for submission.

The Department of Merchant Shipping recently announced that it has amended the form for declaration by a legal representative or auditor of a company adopting the tonnage tax system that the company concerned was tax resident in Cyprus for the relevant year.

The Cyprus Ministry of Finance has formally announced that the negotiations on the double taxation agreement between Cyprus and India were successfully completed on June 29.

Article 9(B) of the Income Tax Law of 2002 as amended provides for a notional interest deduction for tax purposes on new equity capital (paid-up share capital and share premium) injected into companies...

On 25 July 2014 Switzerland and Cyprus signed a new agreement for the avoidance of double taxation (DTA) with respect to taxes on income and capital.

Broadening the existing network of Double Tax Avoidance Agreements plays a key role for economic activity and enhancing political relations.

Alerts on tax law amendments and other tax related matters are issued periodically to keep you up-to-date with the latest local tax developments.

Τhe Minister of Finance issued a decree (478/2020) extending the deadline for the electronic submission of personal income tax returns and the settlement of the relevant income tax liability for the tax year 2019.

The Cyprus Tax Department has recently issued a circular clarifying its earlier circular EE 2017/4 dated 24 July 2017 regarding the income tax exemptions for persons taking up employment in Cyprus ...

Even at the F1 Grand Prix, smart founders talk tax. With the Cyprus IP Box regime, tech companies, app developers and IP owners pay an effective tax rate of just 3% on qualifying IP income — an 80% exemption that survived the 2026 tax reform (standard corporate tax is now 15%). Combine it with non-dom status and 0% tax on dividends, and Cyprus puts your business in pole position. Our team handles the structuring, IP Box application and all filings from A to Z.

Understanding how passive income is taxed in Cyprus, and how the use of a Cyprus company can change the effective tax outcome, is essential for investors, entrepreneurs, and family offices.