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The Law has been prepared by hundreds of specialists whose sole aim was to cut off all old legal algorithms, which helped to optimize taxation...

The Notional Interest Deduction (NID) is a tax incentive introduced by Cyprus in 2015 to encourage companies to finance their operations through equity rather than debt.

The factors behind the sale of a real estate need to be analysed. If the individual is considered to be a trader, then income tax applies at the progressive tax system (up to 35%).

Cyprus has introduced comprehensive defensive tax measures targeting payments to EU blacklisted and low-tax jurisdictions, fundamentally changing how international groups structure their Cyprus operations.

In all other cases, capital gains are subject to Capital Gains Tax at 20% on the gains arising from the disposal of a chargeable property...

This article will explain the tax treatment between a company or/and an individual who own a property which is rented to tenants assuming it is their main source of income...

For high-earning digital creators, the true cost of operating is often misunderstood. While platforms such as OnlyFans or Fansly typically charge around 20% commission, the far greater financial...

Cyprus tax residency has become the subject of intense interest among internationally mobile business owners and entrepreneurs. The reason is straightforward: Cyprus offers a legal, transparent, and well-tested framework...

Russian Controlled Foreign Company (CFC) legislation can be defined as the measures adopted by Russian government to promote transparency and to combat tax avoidance...

On October 8, 136 out of the 140 countries of the OECD Inclusive Framework on Base Erosion and Profit Shifting (IF) politically committed to potentially fundamental changes to the international corporate tax system.

All companies tax resident of Cyprus are taxed on all their income accrued or derived from all sources in Cyprus and abroad.

Why set up a holding company? In essence, holding companies are set up as an effective means of consolidating ownership of operating subsidiaries.

Over the past years, Cyprus has been developed into one of the most favorable places for international business.

The years 2015 and 2016 have seen some significant amendments and refinements of existing legislative provisions in the field of taxation, as well as the introduction of new provisions aimed at providing incentives...

A company is tax resident of Cyprus if it is managed and controlled in Cyprus. As from 2023, a Cyprus incorporated company will by default be considered a tax resident of Cyprus provided it is not tax resident in any other jurisdiction.

If you have recently taken responsibility for a Cyprus subsidiary — or if your group has expanded into Cyprus...

Provisional declaration of income. Any income that is not dealt with under the pay as you earn (PAYE) system is dealt with on a self-assessment basis.