NEWSROOM

Notional Interest Deduction on New Equity: Amendments
18/06/2020

The provisions of the Income Tax Law related to the Notional Interest Deduction (NID) on New Equity were amended...

Deadline for Submission of 2018 Tax Returns Further Extended
25/05/2020

Through a Decree issued on 22 May 2020, the Cyprus Tax Department announced that the deadline is further extended...

EU Commission Proposes Deferral of DAC6 Reporting Deadlines
21/05/2020

The EC published a press release on 8 May 2020 proposing a deferral of the reporting deadlines under DAC6 by three months

Deadline for Payment of Social Insurance Contributions for March 2020 Extended
05/05/2020

The Cyprus Ministry of Labour announced on 2 May 2020 that the deadline for the payment of Social Insurance and related contributions for March...

Cyprus Tonnage Tax System Extension Approved by Parliament
16/04/2020

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
09/04/2020

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

Measures in Response to the Coronavirus Outbreak voted by Cyprus Parliament
31/03/2020

Many business and employment related measures have been voted in to law by the Cyprus Parliament...

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