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On February 24, 2014, Cyprus and Norway signed a new double taxation agreement.

On 25 July 2014 Switzerland and Cyprus signed a new agreement for the avoidance of double taxation (DTA) with respect to taxes on income and capital.

The Cyprus Securities and Exchange Commission ("CySEC") has circulated a further draft of the Regulation of Fiduciaries, Administration Businesses and Company Directors Law for comment by interested parties.

One of the current priorities for the Cyprus Tax Department is to modernise the administration of the tax system, moving away from a paper-based system to a more streamlined electronic system...

The European Banking Authority (EBA) recently published a list of the public guarantee schemes issued in response to the COVID-19 pandemic.

In a major shift toward corporate accountability, the EU has recently overhauled its sustainability reporting rules under the Non-Financial Reporting Directive (NFRD) pertinent to large...

Regulation (EU) No 236/2012 establishes the obligation to notify competent authorities of significant net short positions in relation to the issued share capital of a company that has shares...

Achieving efficient and independent justice systems of EU Member States are vital in order to improve the effectiveness of the European judiciary.

The European Commission's groundbreaking Regulation 2023/2411, effective since November 16, 2023, transforms geographical indications protection...

On the 18th of April 2023, the European Commission issued a proposal for a Regulation to improve the preparedness, detection and response to significant and large-scale cybersecurity incidents...

In view of recent disruptions in the Cyprus banking system, a number of deadlines have been revised in order to better assist the public.

On the 18th of March 2024, the European Securities and Markets Authority (ESMA) published a survey on legal entities identifiers (LEI).

The Tax Department recently extended the deadline for the submission of country-by-country reports to be filed by the end of 2017.

Negative interest rates on cash deposits are here to stay for the foreseeable future.

The 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...

On 14 February the Spanish ambassador and the Cyprus Minister of Finance signed a double taxation agreement between Spain and Cyprus.

The Protocol to the Russia-Cyprus double tax agreement, which was initialled in 2009, was approved by the Russian Prime Minister in September 2010 and signed by the Russian President during his visit to Cyprus the following month.

31st July 2019 is the last day for Income Tax Return submission for employees, for the tax year 2018.