The Tax Department announced on 19 December 2023 that the deadline for submission of VAT returns, and payment of any amount due, for the VAT period from 1 September 2023 to 30 November 2023 is extended from...
On 30 November 2023, the Cyprus Parliament approved an amendment of the Civil Registry Law , modernising the current legal framework and relaxing the requirements and criteria for naturalisation of foreign nationals...
Companies with accounting profits for tax year 2021 which fall within the Deemed Distribution (DD) provisions, would have to declare a sufficient amount of dividend, in order to meet the 70% threshold of distributed profits on or before 31 December 2023.
As from 1 January 2024, the Social Insurance Contribution rates for each of the employer and the employee are increased by 0,5% and for self-employed individuals by 1%.
The Cyprus Tax Department announced on 21 September 2023 that VAT returns can be corrected via the Tax For All Portal.
On 13 September 2023 the Council of Ministers of the Republic of Cyprus approved the extension of the application of the zero rate of VAT on selected food and socially essential products.
The Cyprus Tax Department announced on 25 September 2023, that the deadline for submission of the Income Tax Return for employees, pensioners and...
The amendment relates to the deadline for payment of Special Contribution for Defense on rental income, in cases this is withheld at source. The tax should be paid...
