The Cyprus Tax Department published on 16 March 2023 the bond yield rates as at 31 December 2022 for a number of countries, to be considered for the Notional Interest Deduction to which equity injected in to Cyprus companies is entitled for 2023.
The Cyprus Tax Department issued additional Frequently Asked Questions (FAQs) on its website, providing guidance on certain aspects of the Transfer Pricing Rules introduced with effect from 1 January 2022.
The EU Council revised its list of non-cooperative jurisdictions for tax purposes on 14 February 2023, adding Russia, the British Virgin Islands (BVI), Costa Rica and the Marshall Islands.
The Cyprus Tax Department issued a series of Frequently Asked Questions (FAQs) on its website, providing guidance on certain aspects of the Transfer Pricing Rules introduced with effect from 1 January 2022.
With an announcement on 3 January 2023, the Registrar clarified that obliged entities must submit a Solemn Declaration along with their application for provision of UBO information...
The Cyprus Registrar of Companies announced on 28 November 2022 that access to the UBO Register for the general public is suspended with effect from 23 November 2022.
On 22 November 2022, the European Court of Justice (ECJ) effectively ruled that public access to the registers of beneficial owners (UBO Registers) held by EU member states...
Cyprus has proven to be an ideal jurisdiction for technology companies and other organisations which own patents, trademarks, trade secrets, copyrights in literary and artistic works, computer software, and other inventions...
