Platform to accommodate the UBO Register for Trusts launched

The Cyprus Securities and Exchange Commission (CySEC) announced the launch of an online platform, which will accommodate the register for Ultimate Beneficial Owners (UBOs) of Trusts.

Extension of Income Tax 50% Exemption Approved by Council of Ministers

The Council of Ministers approved on 10 May 2022 the significant improvement of an incentive aimed at attracting foreign companies and highly skilled staff to Cyprus.

Easter Holidays

For a third year in a row we are celebrating Easter under COVID conditions, but at least this year we can claim that we are...

UBO Register – Important Clarifications

The Cyprus Registrar of Companies issued an announcement on 11 April 2022, providing important clarifications with regards to the companies, which are required to submit...

Extension of Deadline for Submission of 2020 Tax Returns

With a decision of the Cyprus Parliament on 24 March 2022, the deadline for submitting the tax return for 2020 for companies (TD4) and individuals with...

Incentives for Investing in Innovative SMEs – Extension of Application

The tax incentives for investing in innovative enterprises, which were introduced in 2017, were extended until 30 June 2024 by a decision of the...

Digital Nomad Visa – Extension of Number of Beneficiaries

On 3 March 2022 the Council of Ministers of the Republic of Cyprus decided for the number of persons who can obtain a Digital Nomad Visa to be increased from 100, which was set initially, to 500.

UBO Register – Extension of Deadline

On 1 March 2022 the Cyprus Registrar of Companies announced that the deadline for submission of data to the Register of Ultimate Beneficial Owners for companies and other legal entities...

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