NEWSROOM

Further Improvement of Income Tax exemptions for Persons who Move to Cyprus for Employment
29/07/2022

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. 

Third Country Nationals Relocating to Cyprus – New Options
08/06/2022

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...

Digital Nomad Visa – Extension of Number of Beneficiaries
08/03/2022

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.

Earnings Threshold for Employment Contribution Purposes for 2022
05/01/2022

The earnings cap for Social Insurance purposes for 2022 has increased to €58,080 per annum (2021: €57,408 per annum).

Changes to Employment and Social Insurance Regulations
07/09/2021

The Cyprus Ministry of Labour, Welfare and Social Insurance has recently announced that on 13 September 2021, the Social Insurance...

Income Tax Return for 2020: Further Extension of Submission Deadline
29/07/2021

The Cyprus Tax Department has recently announced that the deadline for submission of the Income Tax Return for 2020 will be extended further from...

Income Tax Return for 2020: Exemption from Submission
19/07/2021

Individuals with annual gross income below €19,500 are exempted from the obligation to submit an income tax return for 2020.

Extension of Deadlines Related to Taxes for 2020
22/04/2021

Following an amendment to the Assessment and Collection of Taxes Law published on 20 April 2021, the deadline for submission of the personal income tax return for individuals as well as...

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