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Posts Tagged ‘Employment’

New Package of Incentives for Establishing or Expanding Presence in Cyprus

On 15 October 2021 the Cyprus government presented its Action Plan for attracting companies to establish or expand presence in Cyprus. The Plan is in line with...

Changes to Employment and Social Insurance Regulations

The Cyprus Ministry of Labour, Welfare and Social Insurance has recently announced that on 13 September 2021, the Social Insurance...

Setting up in Cyprus – Company, Officers, Premises

We will consider whether to form a company in Cyprus or redomicile a foreign company to the country. We will also contemplate alternatives concerning premises, as well as for sourcing and appointing officers for the company.

Income Tax Return for 2020: Further Extension of Submission Deadline

The Cyprus Tax Department has recently announced that the deadline for submission of the Income Tax Return for 2020 will be extended further from...

Income Tax Return for 2020: Exemption from Submission

Individuals with annual gross income below €19,500 are exempted from the obligation to submit an income tax return for 2020.

Release of Updated Publications Following Important Changes to Cyprus Permanent Residence Permit Programme

Following the very beneficial amendments introduced to the Cyprus Permanent Residence Permit Programme, we have updated our publications covering, among others, the said changes.

Extension of Deadlines Related to Taxes for 2020

Following an amendment to the Assessment and Collection of Taxes Law published on 20 April 2021, the deadline for submission of the personal income tax return for individuals as well as...

Increase in Earnings Cap for Employment Contribution Purposes

The earnings cap for Social Insurance purposes for 2021 will increase to €57,408 per annum (2020: €54,864 per annum). It is reminded...

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