NEWSROOM

Final Solution of UBO Register Implemented
17/11/2023

The Cyprus Registrar of Companies announced that as from 14 November 2023 the final solution of the electronic system of the Register of Beneficial Owners of Corporate and Other Legal Entities has entered in to implementation.

Cyprus and Croatia Sign a Double Tax Treaty
10/11/2023

On 17 October 2023 Cyprus and Croatia signed a Double Tax Treaty (DTT). The treaty was published in the Official Gazette of the Republic of Cyprus on 27 October 2023.

EU Revises List of Non-Cooperative Jurisdictions for Tax Purposes
19/10/2023

The EU Council revised its list of non-cooperative jurisdictions for tax purposes on 17 October 2023, adding Seychelles, Belize and Antigua and Barbuda.

UBO Register – Companies Under Strike-Off
29/09/2023

The Cyprus Registrar of Companies issued an announcement on 22 September 2023, clarifying that all companies which have applied for a strike-off from the registry...

Announcement by Registrar of Companies for UBO Register
13/09/2023

On 1 September 2023 the Cyprus Registrar of Companies issued an announcement in view of the upcoming implementation of the final solution of the electronic system of the Register of Beneficial Owners that is expected to take place around the end of October 2023.

Double Tax Treaty Between Cyprus and the Netherlands Enters in to Force
01/06/2023

The ratification procedure in both countries has been completed and the Double Tax Treaty will enter in to force on 30 June 2023. It will generally apply as from 1 January 2024.

ATAD 3: EU Unshell Directive
06/04/2023

The Directive targets EU tax resident entities that are engaged in cross-border economic activities but have little or no economic substance, known as “shell entities”.

Transfer Pricing Rules in Cyprus – Additional FAQs by Tax Authorities
16/03/2023

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.  

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