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...
On 9 February 2021, an amendment to the VAT Law was published in the Official Gazette of the Republic, allowing for the VAT due on VAT returns ending...
A new Implementing Directive was issued on 25 January 2021, which extends the provisions of Directive 4/2020 for the year 2021.
On 3 February 2021 the Cyprus Tax Department announced that the EU Directive on Administrative Cooperation, commonly known as DAC6, is expected...
The Cyprus Shipping Deputy Ministry announced incentives for encouraging emission-reduction and protection of the environment by vessels.
The Registrar of Companies announced on 15 January 2021 that the collection of data will begin on 22 February 2021...
On 16 December 2020, the Council of Ministers of the Republic of Cyprus took some decisions related to the implementation of the provisions of the 4th EU AML Directive for what concerns the creation of a register for the Ultimate Beneficial Owners...
The earnings cap for Social Insurance purposes for 2021 will increase to €57,408 per annum (2020: €54,864 per annum). It is reminded...
