A new Implementing Directive was issued on 25 January 2021, which extends the provisions of Directive 4/2020 for the year 2021.
Some important amendments to the VAT law of Cyprus have been published in the Official Gazette of the Republic on 20 August 2020.
The legal, tax and overall business environment of Cyprus is ideal for the setting up and management of investment funds...
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...
Recently notices were sent by the Registrar even for Annual Returns which were submitted in the past, irrespective of the fact that at the time there was no indication of any issue with the particular Annual Returns...
As we have reported back in September, as from 18 December 2019, the Registrar of Companies was supposed to start imposing an administrative fine...