ArticleTax NoticeThe Cyprus Tax Department informs that the reporting deadline for CRS Purposes for Financial Institutions is 21st July 2017, rather than 30th June 2017.CyprusTaxMichael Kyprianou & Co. LLC
ArticleTax Residency And Permanent Establishment Risks – COVID-19On 25 January 2021, the Tax Department issued Application Guidance No. 07/2021 which relates to tax residency and permanent establishment considerations in the context of the COVID-19 pandemic. CyprusTaxErnst & Young Cyprus Ltd
ArticleThe Law Was Passed For The Implementation Of The American Legal System FATCAThe official Government Gazette published the law: Agreement between the Government of the Republic of Cyprus and the Government of the USA for the improvement in international tax compliance...CyprusTaxMichael Kyprianou & Co. LLC
ArticleReporting Of Advance Cross Border RulingsIn order to ensure compliance with Directive (EU) 2015/2376 of 8 December 2015 amending Directive 2011/16 / EU on compulsory automatic exchange of information in the field of taxation...CyprusWealth ManagementElias Neocleous & Co LLC
ArticleCyprus Non-Domiciled Individuals And Tax Residency (Video)Cyprus has become an attractive option for companies and individuals. Advantageous tax incentives exist and Cyprus is popular as both a corporate and residential location, offering a soundGlobalTaxDixcart Group Limited
VideoWorking Lifestyle In Cyprus (Video)People in Cyprus love just holding their laptops and working in the most amazing places!!!CyprusAccounting and AuditCYAUSE Audit Services Ltd
ArticleAdditional Deadline Extension For DAC6 ImplementationEurofast would like to inform you that an additional extension of the deadline until September 30th, 2021 has been given on June 4th, as regards mandatory automatic exchange of information...CyprusTaxEurofast
ArticleExtension Of Submission Deadline For Country By Country ReportsOn 18 December 2018 the Cyprus Tax Department announced that the submission deadline for country by country reports for the year ended 31 December 2017 ...CyprusTaxElias Neocleous & Co LLC
ArticleRemoval Of Namibia From EU List Of Non-Cooperative Tax JurisdictionsOn 6 November 2018 Namibia was removed from the EU's list of non-cooperative tax jurisdictions by a decision of the Economic and Financial Affairs Council, which considered that Namibia has made sufficient commitments at a high political level to address EU concerns. CyprusTaxElias Neocleous & Co LLC
ArticleTax Obligations 2023On June 9, 2023, the Cyprus Tax Authorities announced that an obligation to prepare and submit a Tax Return for 2023 is applicable only to individuals whose annual gross income exceeds € 19,500.CyprusTaxEurofast
ArticleWhen Does My Cyprus Company Need To Register For VAT?In Cyprus, a company is required to register for VAT (Value Added Tax) with the tax authorities when its taxable turnover exceeds or is expected to exceed €15,600 within a 12-month period.CyprusTaxMcMillan Woods
ArticlePayment Of Second Instalment Of Tax Liabilities For 2017 Under Self-AssessmentThe Cyprus Tax Department has issued a reminder that 31 December 2017 is the final date for payment of the second instalment of income tax for 2017 under the self-assessment scheme...CyprusWealth ManagementElias Neocleous & Co LLC
ArticleCyprus Forex Companies (Video)Cyprus Forex companies Why Cyprus is so popular with Forex companies the reason is simple It's because there is literally very little corporation...CyprusCorporate/Commercial LawCYAUSE Audit Services Ltd
ArticleAmendment Of The Assessment And Collection Of Taxes Law Of 1978The Assessment and Collection of Taxes Law of 1978 has been amended in preparation for the completion of the transition to mandatory online filing of all tax returns and self-assessment declarations...CyprusTaxElias Neocleous & Co LLC
ArticleElectronic Payment Of Tax LiabilitiesAs part of its modernisation programme the Cyprus Tax Department has encouraged online payment of tax liabilities. CyprusTaxElias Neocleous & Co LLC
ArticleEntry Into Force Of New Cyprus-Spain Double Tax Agreement ImminentArticle 27 of the new double tax agreement between Spain and Cyprus provides that the agreement will enter into force three months after the exchange of official notifications between the governments concerned.CyprusTaxElias Neocleous & Co LLC
PodcastPodcast Episode 7: Taxation Of Passive Income In Cyprus – The Company AdvantageUnderstanding how passive income is taxed in Cyprus, and how the use of a Cyprus company can change the effective tax outcome, is essential for investors, entrepreneurs, and family offices. CyprusTaxAGPLAW | A.G. Paphitis & Co. LLC
ArticleSubmission Of 2017 Tax ReturnsThe Cyprus Tax Department has issued a further reminder that 31 October 2018 is the last date for submission of tax returns for 2017 CyprusTaxElias Neocleous & Co LLC
ArticleEntry Into Effect Of The New Law For Payment Of Tax Arrears By InstalmentsThe Process of Adjustment of Tax Arrears Law 2017 establishes a procedure for settling arrears of taxes which arose prior to that date by up to 60 monthly instalments. CyprusWealth ManagementElias Neocleous & Co LLC