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Increase of Insurable amount for Social insurance contributions for the year 2023

Increase of Insurable amount for Social insurance contributions for the year 2023

by Marios Panayides | Jan 7, 2023 | Business, Social Insurance

For 2023 the insurable amount applicable for social insurance contributions has increased to Euro 60.060 per annum from Euro 58.080 per annum, Euro 5.005 per month from Euro 4.840 per month for monthly paid employees and Euro 1.155 per week from Euro 1.117 per week...
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...
Revised Policy for employment of third country nationals

Cyprus strategy for attracting new business

by Demetris Nicolaides | Oct 18, 2021 | Business, Economy, Income Tax, Social Insurance, Tax

On 15 October 2021, the Minister of Finance has 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 region...

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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