On 1 November 2022 the Cyprus Tax Department issued Tax Circular 10 of 2022, providing clarifications and examples on how the exemptions are applied in practice.
The Cyprus Ministry of Labour and Social Insurance has recently announced the following in relation to electronic submissions and payments...
Individuals whose gross annual income is below €19.500 have been exempted from the obligation to submit a personal income tax return for the tax year 2022.
An amending law was published in the Official Gazette of the Republic of Cyprus with respect to the income tax exemptions for employment income, in relation to persons moving to Cyprus for employment.
The Council of Ministers of the Republic of Cyprus recently approved new regulations permitting the issuance of immigration permits for third country nationals in the following cases...
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.
Through a decree by the Council of Ministers of the Republic of Cyprus issued on 4 February 2022, individuals whose gross annual income is below...
The earnings cap for Social Insurance purposes for 2022 has increased to €58,080 per annum (2021: €57,408 per annum).
