NEWSROOM

Increase in Earnings Cap for Employment Contribution Purposes
23/12/2020

The earnings cap for Social Insurance purposes for 2021 will increase to €57,408 per annum (2020: €54,864 per annum). It is reminded...

Cyprus Tax Department Issues Guidance Related to Tax Residency During the COVID-19 Crisis
04/11/2020

On 27 October 2020 the Cyprus Tax Department issued Implementing Directive 4, related to tax residency during the COVID-19...

Setting Up in Cyprus: Hiring/Relocating Personnel
08/10/2020

We are examining aspects related to human resources, whether these relate to hiring employees from the local market and/or relocating existing personnel from abroad.

Updated Publications on Incentives to Invest, Set-up a Business and Relocate to Cyprus
18/09/2020

Following the amendments introduced to the Cyprus Investment Programme we have updated our publications... 

Deadline for Submission of 2019 Personal Income Tax Returns Extended
12/06/2020

The Ministry of Finance of Cyprus extended the deadline for submission of the 2019 personal income tax return to 30 October 2020...

Measures in Response to the Coronavirus Outbreak voted by Cyprus Parliament
31/03/2020

Many business and employment related measures have been voted in to law by the Cyprus Parliament...

One Thing in Common
28/02/2020

What do all these, otherwise totally diverse and different, entities and persons have in common?
The answer is that they...

Increase in General Healthcare System Contributions
27/02/2020

As from 1 March 2020, the respective contributions will increase to 2.90% for employers, 2.65% for employees, 4% for self-employed persons and 4.70% for the state... 

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