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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)....
Revised Policy for employment of third country nationals

Revised Policy for employment of third country nationals

by Demetris Nicolaides | Mar 24, 2022 | Business, Cyprus Company Law, Economy, Social Insurance

On 15 October 2021, the Minister of Finance presented a new integrated strategy for attracting new businesses to Cyprus and encouraging their operations in Cyprus (the “Strategy”) aimed at making Cyprus a Sustainable Business and Commercial Center in the...
Extension of the submission of Beneficial Owners’ data in the Beneficial Owners register of companies and other legal entities- 31 July 2022

Extension of the submission of Beneficial Owners’ data in the Beneficial Owners register of companies and other legal entities- 31 July 2022

by Stelios Spiliotis | Mar 2, 2022 | Cyprus Company Law

On 1st March 2022, the Department of Registrar of Companies and Intellectual Property (DRCIP) has announced further extension for the submission of data of Beneficial Owners in the Beneficial Owners register of companies and other legal entities from 16 March 2022 to...
Extension of submission to the Beneficial Ownership Register

Extension of submission to the Beneficial Ownership Register

by Demetris Nicolaides | Aug 6, 2021 | Cyprus Company Law

The Department of Registrar of Companies of the Ministry of Energy, Commerce and Industry has issued on 23 July 2021 a Directive which extends the initial deadline for the submission of beneficial owners details onto the Beneficial Owner system (‘hereinafter...
Extension of submission to the Beneficial Ownership Register

Submission of beneficial owners details to the Beneficial Owner Register for Partnerships

by Demetris Nicolaides | Aug 6, 2021 | Cyprus Company Law

The Department of Registrar of Companies of the Ministry of Energy, Commerce and Industry announced on 06 August 2021  that following a legal opinion from the Attorney General, all Partnerships registered in the Registrar of Companies pursuant to...
Change of date for application of new penalty regime for late filing of Annual Return

Change of date for application of new penalty regime for late filing of Annual Return

by Stelios Spiliotis | Apr 21, 2021 | Cyprus Company Law

On 7 April 2021, the Companies (Amending) Law 43(I) of 2021 was published in the Official Gazette of the Republic of Cyprus, introducing changes in relation to the enforcement date of the administrative penalties to be imposed on each company in case of failure to...
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  • 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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