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Reminder: Deemed dividend distribution due end of 2022

Reminder: Deemed dividend distribution due end of 2022

by Stelios Spiliotis | Dec 16, 2022 | Tax

This is a reminder of the approaching deadline for the Special Defence Contributions (SDC) and General Health System (GHS) contributions on Deemed Dividend Distributions (DDD) for the 2020 tax year that need to be settled by 31 January 2023. Scope of the...
Deadline for provisional tax and second tax instalment 2022

Deadline for provisional tax and second tax instalment 2022

by Stelios Spiliotis | Dec 13, 2022 | Income Tax, Tax

The deadline for the submission of a revised provisional tax calculation for 2022 (if needed) and the payment for the second provisional tax instalment for 2022 is at 31 December 2022. Taxpayers are reminded that the 2022 temporary tax assessment may be revised...
Decision of the Court of Justice of the European Union regarding public access to the UBO Registry of legal entities

Decision of the Court of Justice of the European Union regarding public access to the UBO Registry of legal entities

by Stelios Spiliotis | Nov 25, 2022 | Business

In a decision published on 22 November 2022, the Court of Justice of the European Union (CJEU) invalidated a provision of the 5th EU Anti-Money Laundering Directive that guaranteed public access to information on companies’ real owners. The case was sent to the CJEU...
Limited review instead of full scope audit for some Cypriot Companies

Limited review instead of full scope audit for some Cypriot Companies

by Stelios Spiliotis | Jul 11, 2022 | World News

The Companies Amending Law 88(I) of 2022 (the “Amending Law”) which was published in the Official Gazette of the Republic of Cyprus on 24/06/2022, introduced certain changes to the Companies Law, in relation to the requirement of audit or review of financial...
Extension of the deadline for the payment of annual levy for year 2022 to 31/12/2022

Extension of the deadline for the payment of annual levy for year 2022 to 31/12/2022

by Stelios Spiliotis | Jul 4, 2022 | Cyprus Company Law

On 30 June 2022, the House of Representatives of Cyprus voted for an amendment to the Company Law Cap. 113, extending the deadline for the payment of the Annual Levy by registered companies for the year 2022 from 30 June 2022 to 31 December 2022 (in Greek click here)....
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Recent Posts

  • Increase of Insurable amount for Social insurance contributions for the year 2023
  • Reminder: Deemed dividend distribution due end of 2022
  • Deadline for provisional tax and second tax instalment 2022
  • Decision of the Court of Justice of the European Union regarding public access to the UBO Registry of legal entities
  • Exemption for submission of Personal tax return for tax year 2022

Sagehill Partners

Sagehill Partners refers to NSP Sagehill Partners Limited, a Cyprus company limited by shares and any of its group of companies.

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