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The Cyprus Tax Department has published draft legislation to implement the EU Tax Dispute Resolution Mechanisms Directive (2017/1852/EU) for consultation.

In light of EU Anti-Tax Avoidance Directive (ATAD), the Cyprus House of Representatives on April 5, 2019 voted into law (applicable from January 1, 2019) the partial implementation

The Cyprus Tax Department's Interpretative Circular EE 25 dated 3 September 2018 clarifies the tax treatment of non-returnable capital contributions by Cyprus taxpayers to companies which are tax-resident abroad.

The Cyprus government announced, on 21 February, the abolition of the €350 Annual Levy payable by all registered entities in Cyprus to the Registrar of Companies & Intellectual Property...

For 2015 and subsequent tax years a notional interest deduction (‘NID') is available on new equity capital introduced into companies and permanent establishments of foreign companies.

Cyprus IP regime is fully compliant with international developments in the tax treatment of IP income and OECD's guidance.

The 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.

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.

On 21 December 2021, an amendment to the Income Tax Law was published in the Cyprus Government Gazette ("Law amendment") whereby an additional corporate tax residency test...

The Income Tax (Amendment) (No 2) Law 2016 (135(I)/2016) introduces new tax relief for investors in qualifying small and medium-sized innovative enterprises.

With the demise of Greece, the interwoven Cyprus economy has taken a beating.

One of the Tax Department's main priorities is to streamline and modernise its processes and make it more convenient for taxpayers to deal with the department by facilitating the electronic submission...

On 24 September 2021 the Minister of Finance issued a decree extending further the deadline for submission of certain direct tax returns.

Following considerable opposition from some countries to IP box regimes, G20 leaders reached agreement towards the end of 2014 on a 'modified nexus' approach...

As expected, at its meeting on 27 January 2015 the Council of the European Union adopted a directive amending the EU parent-subsidiary directive (2011/96/EU) by adding an anti-abuse clause.

Cyprus offers a very favourable corporate environment with an attractive and transparent corporate taxation regime.

In accordance with the requirements of its international lenders, Cyprus has made a number of changes to tax rates.