1,008 results found

Establishing a holding company in the European Union, particularly in Cyprus, offers a wealth of advantages, grounded in the region's robust legal frameworks and favorable tax regimes.

The NID was introduced mainly to harmonise the equity financing tax treatment with the debt financing tax treatment and to promote the capital- incentive investment in Cyprus.

It's never too late to improve your quality of life and you can find all the quality you need by relocating to Cyprus. With an idyllic lifestyle...

The most common question asked by our clients with regards crypto tax is offcourse whether or not increases in the value of their coins are taxed in Cyprus.

Cyprus has completed the technical requirements for Schengen accession, but political approval remains pending. What would membership mean for residence permits, visa issuance, and cross-border mobility—and what common misconceptions about tax residency need to be addressed before businesses and individuals plan their next move?

On 14 July 2022, the House of Representatives passed the following amendments to the Income Tax Law ("ITL")...

The beneficial ownership of the income concept ("the Concept") is nowadays a material aspect affecting the eligibility of the taxpayers to claim treaty benefits.

Cyprus has reduced the general Special Defence Contribution (SDC) rate on dividends received by tax resident and domiciled individuals from 17% to 5%, and abolished SDC on rental income from 1 January 2026. The reform retains a specific transitional rule for distributions of older profits by Cyprus tax resident companies. GHS contributions must be considered separately.

Interest costs disallowed by reason of the rules may be carried forward for up to five years.

Transfer pricing often first appears to be an accounting question. The legal position matters just as much. A payment between companies in the same group may be recorded correctly in the accounts and still need to be tested against the terms independent parties would have agreed.

The filing date of Individual's Tax Return for the year 2021 and the payment of due tax is extended until August 31st, 2022 at 23.59.

On March 22 2018 Cyprus and the United Kingdom signed a new double tax agreement.

The settlement of the tax payment can also be made via the JCCSmart website following the link below...

With effect as from 1 January 2022, transfer pricing documentation requirements have been introduced. The transfer pricing documentation compliance obligations include the preparation of Master File...

The Cyprus Government has announced a number of proposed tax incentives aimed at encouraging economic activity and attracting inward direct investment.

Cyprus Finance Minister Harris Georgiades Dec. 11 said that there would be no new taxes or cutbacks in the coming year when he announced the 2015 budget to parliament.

On the 17th of October 2023, the European Council resolved to include Belize, Seychelles, and Antigua & Barbuda on the EU list of non-cooperative countries for tax purposes.