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On July 11, 2016 Cyprus and Jersey signed a new double taxation agreement (DTA). The agreement is the first comprehensive DTA between the two, and will come into force once it has been ratified in accordance with their domestic legal procedures.

SPL Audit would like to update businesses regarding the tax measures taken due to COVID-19 impact on Cyprus economy.

Cyprus has always been considered as an ideal destination for permanent residence by non-EU Nationals. The Cypriot Government, in an attempt to attract foreign investment...

Intellectual property rights are the rights over intellectual creations, also known as the creations of the human mind...

Cyprus approved a comprehensive tax reform package on 22 December 2025, marking the first major overhaul of the tax system in more than twenty years.

The Law Firm of G. Vrikis & Associates LLC has been representing numerous clients in their application for Permanent Residence Permits in Cyprus.

In an effort to improve the competitiveness of Cyprus's tax regime and attract foreign capital, in 2015 the Cypriot Government introduced the concept of "Non-Domiciled".

Ukraine businesses express interest in moving their Headquarters to Cyprus, Some of them have presence in Cyprus while others show big interest to relocate their HeadQuarters and Families here.

The Tax Department has announced that, based on a Decree of the Council of Ministers dated June 9th, 2023, the deadline for the filing date of Individual's Tax Return (except self-employed with accounts)

On October 30th, 2024, the Tax Department announced that the Council of Ministers approved on October 29th, 2024, the extension to the filing of TD1 and payment of any due tax/contributions for the tax year 2023 until November 30th, 2024.

Cyprus offers entrepreneurs across the world several incentives to establish companies in the country, deriving for example from its very favourable tax system as well as...

The below mentioned comments relate only to companies which are tax residents of Cyprus and refer to the worldwide income these companies may have.

Cyprus has raised its corporate income tax rate from 12.5% to 15%, but the total tax burden on distributed profits has actually fallen by more than eight percentage points for Cyprus-domiciled shareholders due to a dramatic cut in the Special Contribution for Defence on dividends. However, non-domiciled residents and foreign shareholders now face higher effective rates, fundamentally reshaping the island's tax competitiveness for different investor categories.

Cyprus has opted for the Model B approach as foreseen in ATAD.

Cyprus remains one of Europe's most attractive jurisdictions for individuals and businesses seeking tax efficiency, stability, and legal certainty.

An individual who is resident in Cyprus for a particular tax year is liable to income tax on worldwide income, whether that income is remitted to Cyprus or not.

With this publication we outline the main provisions of the Taxation Laws in relation to the tax treatment of interest income and interest expense and we elaborate on the various financing schemes available.