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On 2 June 2020, an amending Income Tax Law was published in the Official Gazette with respect to tax relief on rental income.

According to the Income Tax Law of 2002, the Cyprus tax residency- based system constitutes individuals physically spending over 183 days within a tax year (1st January to 31st December) in Cyprus (the "183-day rule"), as tax residents in that tax year.

The Tax Department announced that as of May 3rd 2023 tax payments through JCC platform will no longer be available and payments will be executed ONLY through Tax Portal.

As part of the policy of the Cypriot government to promote the economy of the state, by means of creating attractive and competitive conditions for foreign investors...

Trading In Cyprus: Easy Or Complicated? (Video)

On 22 October 2020 the Cyprus Council of Ministers approved the Cyprus draft budgetary plan for 2021 (the "draft budget").

On 26 June 2020, the new Council Directive (EU) 2020/876 of 24 June 2020 amending Directive 2011/16/EU (commonly referred to as the DAC)...

The Cyprus Tax Department has issued a draft publication on benefits in kind for public consultation.

Since 2017, there have only been two tests to determine Cyprus tax residency. These are the 183 Day Tax Residency Rule and the 60 Day Tax Residency Rule.

An EU national, operating a successful consultancy company, sought a jurisdiction that combined tax efficiency, EU credibility, and a high quality lifestyle. With an international client base and no dependence on a physical location, Cyprus emerged as a natural choice for both business relocation and personal residency. The individual also held a personal investment portfolio which was discretionary managed by an EU Financial Institution.

2026 Tax Reform - Crypto Currency Taxation.

Cyprus is widely recognised as one of the most attractive jurisdictions in Europe for international business. With low corporate tax, zero dividend tax in many cases, and relatively low operating costs, it offers substantial advantages.

VAT DECREE Κ.Δ.Π 268/2020 WAS ISSUED BYTHE CABINET ON THE 23RD OF JUNE 2020 TO TEMPORARILYREDUCE THE VAT RATE ON TOURISM SERVICES.

Kosovo's recent updates to its personal income tax legislation bring important changes that every taxpayer should be aware of. These adjustments will directly influence net income...

On 4 November 2016 the House of Representatives of Cyprus approved changes to the existing preferential tax treatment of income from the exploitation and/or sale of intellectual property (IP BOX).

Corporate restructuring refers to the act of reorganising the legal ownership, operational, or other structures of a company for the purpose of serving the needs of its stakeholders.

On 25 May 2018, the EU Council adopted the Directive on Administrative Cooperation (DAC6), which introduced an obligation to disclose information on cross-border arrangements