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Posts Tagged ‘Shipping’

Reductions in Cyprus Tonnage Tax for Environmentally Friendly Vessels – Procedure and Arrangements

Through a Circular issued by the Shipping Deputy Ministry on 3 September 2021, the relevant procedure and practical arrangements for qualifying with those incentives has been determined.

Reductions in Cyprus Tonnage Tax for Environmentally Friendly Vessels

The Cyprus Shipping Deputy Ministry announced incentives for encouraging emission-reduction and protection of the environment by vessels.

Cyprus Tonnage Tax System Extension Approved by Parliament

On 15 April 2020 the Cyprus Parliament voted in the law the extension of the Tonnage Tax system applicable to the shipping industry in Cyprus...

Developments related to the Shipping Industry in Cyprus

The Cyprus Shipping Deputy Ministry announced that the Cyprus Flag Administration has been removed from the US Coast Guard’s targeted flag list...

Cyprus Tonnage Tax System Extension - Amendments

As announced back in January the European Commission approved the extension of the Tonnage Tax system applicable to the shipping industry in Cyprus for 10 years starting from... 

Cyprus Tonnage Tax System Extended

On 16 December 2019, the European Commission approved the extension of the Tonnage Tax system applicable to the shipping industry in Cyprus for 10 years... 

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