• Home
  • Services
    • Audit & Assurance
    • Accounting
    • Advisory
    • Tax
    • Other
    • Integrated Services
  • About Us
  • About Cyprus
  • News
  • Resources
  • Careers
  • Contact Us
  • Log in
  • Follow
  • Follow
  • Follow
  • Follow
Circular 11/2023 on the reduced VAT 5% on residence

Circular 11/2023 on the reduced VAT 5% on residence

by Demetris Nicolaides | Nov 30, 2023 | Tax, VAT, World News

The Tax Department has issued Circular 11/2023 on 28 November 2023, to provide additional clarifications to the amending law (Ν.42(I)/2023) which  introduced important changes on the application of the reduced Value Added tax (VAT) rate of 5% on the purchase...
Cryptocurrencies and CBDCs: Transforming Financial Transactions in the Digital Age

Cryptocurrencies and CBDCs: Transforming Financial Transactions in the Digital Age

by Salomi Michael | Jun 21, 2023 | Business, World News

Global adoption of cryptocurrencies Digital currencies like bitcoin are gaining increasing popularity worldwide. According to Phillips (2020), bitcoin ranks as the sixth largest currency globally, with the US dollar holding the position as the largest traditional...
Important Reminder to Pay Annual Levy by 30 June

Important Reminder to Pay Annual Levy by 30 June

by Demetris Nicolaides | Jun 13, 2023 | World News

According to the Companies Law, all Cyprus registered companies irrespective of their year of registration are required to pay the Annual Levy of €350 to the Registrar of Companies by 30 June of each year. Deadline and payable amount The Annual Levy is is payable by...
A New Era for Cryptocurrency: EU Tackles Money Laundering and Terrorist Financing

A New Era for Cryptocurrency: EU Tackles Money Laundering and Terrorist Financing

by Demetris Nicolaides | May 9, 2023 | Business, World News

The European Parliament has recently approved new regulations on cryptocurrency tracing in the EU to combat money laundering and terrorist financing. These regulations require service providers to register and implement customer due diligence measures for tracing...
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...
Shell entities EU Directive proposal

Shell entities EU Directive proposal

by Demetris Nicolaides | Dec 28, 2021 | Business, Economy, Europe, Income Tax, Tax, World News

The European Commission has published on 22 December 2021 the legislative proposal for a Directive laying down rules to prevent the misuse of shell entities for tax purposes. The Unshell proposal (commonly referred to as ATAD III) is part of the Communication on...
« Older Entries

Recent Posts

  • Deadline for provisional tax and second tax instalment 2023
  • Circular 11/2023 on the reduced VAT 5% on residence
  • Implementation of the Final Solution of the electronic system of the Register of Beneficial Owners
  • Cyprus Tax Updates:  Extension of the deadline for the submission of an objection and for the imposition of additional tax for personal tax assessments issued in 2023
  • Updates on EU Blacklist and Cyprus Tax Legislation

Sagehill Partners

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

  • Follow
  • Follow
  • Follow
  • Follow
© 2023 NSP Sagehill Partners Limited

COMPANY

About Us
Privacy Policy
Resources
Contact Us

SERVICES

Audit & Assurance
Accounting
Advisory
Tax
Other
Integrated Services