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...
by Christos Stylianou | Jul 28, 2022 | Income Tax, Tax
The Tax Department of Cyprus announces that in accordance with the decision of the Members of Parliament, which will be published shortly, the deadline for the submission of the tax declaration for Physical Persons (Employee, Pensioner and Self Employed without...
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...
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...
by Demetris Nicolaides | Aug 19, 2021 | Europe, Tax
On 18 May 2021 the EU Commission published the Communication on Business Taxation for the 21st Century (the “Communication”), a 15 page document addressed to the European Parliament and the EU Council setting out the agenda of the EU Commission on tax...
