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Deadline for Submission of Employer’s Return
18/04/2024

The deadline for submission of the Withholding Taxes and Contributions Return or the year 2023 is on 31 May 2024.The Return, otherwise known as the Employer’s Return, provides...

Application for Cyprus Citizenship Based on New Provisions
28/03/2024

On 22 March 2024, the Ministry of Interior announced further clarifications regarding the amended provisions of the Civil Registry Law regarding naturalisation.

Announcement by Registrar for Abolition of Annual Levy
22/03/2024

The Registrar announced on 21 March 2024 that the abolition will be with effect from 2024, therefore all levies up to and including 2023 are still due.

Reference Interest Rates for 2024 for Notional Interest Deduction on Equity
14/03/2024

The Cyprus Tax Department published on 7 March 2024 the bond yield rates as at 31 December 2023 for a number of countries, to be considered for the Notional Interest Deduction to which equity injected in to Cyprus companies...

Annual Levy to be Abolished
23/02/2024

The Council of Ministers of the Republic of Cyprus decided on 21 February 2024, to abolish the Annual Levy of €350 payable to the Registrar of Companies...

New Deadlines for Payment of SCD and GHS on Rental Charges in Effect
22/02/2024

The Cyprus Tax Department issued an announcement on 21 February 2024 in order to notify the change in the payment terms of Special Contribution for Defense withheld at source on rental payments.

Public Interest Rate for 2024
04/01/2024

With a decree published in the Official Gazette of the Republic of Cyprus on 29 December 2023, the Minister of Finance has increased the public interest rate...

Holidays are Coming!!!
21/12/2023

We would like to wish a Merry Christmas and a Healthier, Safer, Brighter New Year to everyone!

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