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  • Article

    Ratification Of Education Agreement With Armenia

    Cyprus has formally ratified its agreement with Armenia dated 15 March 2016 regarding cooperation in the field of education and reciprocal recognition of academic qualifications.
    CyprusConsumer Protection
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Due Diligence: ‘Kicking The Tyres' Or ‘Priming The Pump'

    The September issue of the Great Britain – Cyprus Business Gazette featured the above article, which was authored by our Publications Editor, Linda Stokes.
    CyprusCorporate/Commercial Law
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Supreme Court Judgement On Regulating The Conduct Of Public Authorities In Cyprus

    Regulating the conduct of public authorities in their execution of requests submitted by citizens of the Republic of Cyprus was the focus of a recent Supreme Court of Cyprus judgement.
    CyprusLitigation, Mediation & Arbitration
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Extension Of Temporary Licences Issued Under The Law On Broadcasting Organisations

    Temporary licences, which were due to expire on 30 June 2018, will now expire on 30 June 2019.
    CyprusMedia, Telecoms, IT, Entertainment
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Electronic Submission Of Tax Returns For 2017

    The Cyprus Tax Department has issued a further reminder that tax returns for the year 2017 must be submitted electronically, by means of its TAXISnet web portal.
    CyprusTax
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Entry Into Force Of Cyprus – Luxembourg Double Taxation Agreement

    The new double taxation agreement between Cyprus and Luxembourg, which was signed on 8 May 2017, has now been ratified by both countries.
    CyprusTax
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Entry Into Force Of The Double Taxation Agreement Between Cyprus And Saudi Arabia

    The Cyprus Ministry of Finance has made known that the double tax agreement with Saudi Arabia, which was signed on 3 January 2018, will enter into force on 1 March 2019.
    CyprusTax
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Extension In Reporting Deadline For FATCA / CRS /DAC2 Returns

    Cyprus Tax Department announced that all Financial Institutions have been granted an extension to the reporting deadline for FATCA and CRS/DAC2 purposes.
    CyprusTax
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Extension Of Final Date For Submission Of Tax Returns By Companies

    The Cyprus Tax Department has announced on its website that the deadline by which companies and self-employed individuals who are required to submit annual accounts must file their tax returns...
    CyprusTax
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Mandatory Online Payment Of Taxes

    The Cyprus Tax Department has issued a further reminder to taxpayers that most direct taxes may now only be paid online via the website JCCsmart.com.
    CyprusTax
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    New Cyprus-Saudi Arabia Double Tax Agreement Enters Into Force

    The Ministry of Finance has announced that the double tax agreement with Saudi Arabia – which was signed on 3 January 2018 – will enter into force on 1 March 2019. The agreement will apply to amounts
    CyprusTax
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    New Deadline For Submission Of 2019 Tax Returns.

    On 12 March 2021, a decree from the Minister of Finance was published in the Official Gazette of the Republic. The decree extends the deadline for the submission of the 2019 Tax Returns...
    CyprusTax
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Ukrainian Government Seeks Parliamentary Approval Of The New Protocol To The Double Tax Agreement With Cyprus

    The protocol was signed on in December 2015 and will take effect on 1 January 2019, provided it is ratified by both countries before that date.
    CyprusTax
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    VAT Registration For Insolvency Office-Holders

    The Cyprus Tax Department has issued guidance to professional bodies and other potential stakeholders about VAT registration issues and procedures affecting insolvency office-holders...
    CyprusTax
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    The Shipping Deputy Ministry Has Launched A Tender Process For The Establishment Of A Passenger Maritime Link Between Cyprus And Greece

    The Shipping Deputy Ministry of the Republic of Cyprus has launched a tender process for the establishment of a passenger maritime link between Cyprus and Greece (Service of General Economic Interest).
    CyprusTransport
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Cyprus Leads European Citizenship By Investment Schemes

    The study covered twelve countries, five of which are in the Caribbean region, four in Europe, two in the Asia-Pacific region and one in the Indian Ocean.
    CyprusWealth Management
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Entry Into Force Of The Double Tax Agreement Between Cyprus And Bahrain

    The Cyprus Tax Department announced that the double tax agreement with Bahrain, which was signed on 9 March 2015, entered into force on 28 April 2016 following completion of ratification procedures in both countries.
    CyprusWealth Management
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Implementation Of Directive 2013/53 / EC On Recreational Craft And Personal Watercraft

    The Cyprus Department of Merchant Shipping has announced the arrangements for the implementation of Directive 2013/53 / EC on recreational craft and personal watercraft, which replaced Directive 94/25/EC as amended with effect from January 18, 2016.
    CyprusWealth Management
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Online Submission Of VAT Returns Will Be Compulsory From 2 May 2017

    The VAT Regulations have been amended to make online submission of VAT returns through the Taxisnet system compulsory with effect from 2 May 2017.
    CyprusWealth Management
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Procedure For The Settlement Of Overdue Tax Liabilities By Instalments

    The Cyprus Tax Department has issued an announcement informing taxpayers who have applied to participate in the scheme for settlement of overdue tax liabilities by instalments that failure to comply ...
    CyprusWealth Management
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC

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