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Posts Tagged ‘Directive’

Extended Deadline for Payment of Residual Income Tax for 2020

Through a directive issued on 30 July 2021 by the Minister of Finance, the a deadline has been extended...

Registration of Crypto-Asset Providers in Cyprus

Following the transposition of 5th EU Anti-Money Laundering (AML) Directive in to Cyprus Law, providers offering services related to crypto-assets were brought within the scope...

Extension of Period Over Which No Administrative Fines Related to DAC6 will be Imposed

The Cyprus Tax Department announced an extension to the period over which no administrative fines for overdue submission of DAC6 information will be imposed.

DAC6 Legislation Voted by Cyprus Parliament

On 18 March 2021 the Cyprus Parliament voted into law the provisions of the EU Directive on Administrative Cooperation, commonly known as DAC6.

Ultimate Beneficial Owner Register for Companies – Time to Act

On 12 March 2021, the Registrar issued a directive with guidelines regarding the maintenance and operation of the Register, as well as...

Imposition of Administrative Fines Related to Late DAC6 Reporting

On 26 February 2021 the Tax Department announced that there will be no imposition of administrative fines for overdue submission of DAC6 information that will be submitted until the 30 June 2021, related to...

Extension of DAC6 Reporting Deadlines

On 3 February 2021 the Cyprus Tax Department announced that the EU Directive on Administrative Cooperation, commonly known as DAC6, is expected...

Mini Fund Managers in Cyprus

A new legislation entitled the “Law which provides for the Incorporation and Operation of Small Alternative Investment Fund Managers” came into force on 3 July 2020 in Cyprus.

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