NEWSROOM

Transfer Pricing Rules in Cyprus – FAQs by Tax Authorities
15/02/2023

The Cyprus Tax Department issued a series of Frequently Asked Questions (FAQs) on its website, providing guidance on certain aspects of the Transfer Pricing Rules introduced with effect from 1 January 2022.

UBO Register – Obliged Entities
10/01/2023

With an announcement on 3 January 2023, the Registrar clarified that obliged entities must submit a Solemn Declaration along with their application for provision of UBO information...

Cyprus Registrar of Companies Suspends Access to UBO Register
29/11/2022

The Cyprus Registrar of Companies announced on 28 November 2022 that access to the UBO Register for the general public is suspended with effect from 23 November 2022.

ECJ Decision on Public Access to UBO Registers
28/11/2022

On 22 November 2022, the European Court of Justice (ECJ) effectively ruled that public access to the registers of beneficial owners (UBO Registers) held by EU member states...

Holding and Managing Intellectual Property through Cyprus
26/10/2022

Cyprus has proven to be an ideal jurisdiction for technology companies and other organisations which own patents, trademarks, trade secrets, copyrights in literary and artistic works, computer software, and other inventions...

Clarifications on Country by Country Reporting Agreement between Cyprus and the USA
24/10/2022

Through an announcement issued on 13 October 2022 the Cyprus Tax Department clarified that the bilateral Competent Authority Arrangement for the exchange of...

Country by Country Reporting – 31 December 2022 Deadline
21/09/2022

31 December 2022 is the submission deadline for the following Country-by-Country (CbC) Reporting obligations in Cyprus:

• Submission of CbC Reports for the 2021 Reporting Fiscal Year...

Deadline for Registration to UBO Register for Trusts
08/09/2022

The Cyprus Securities and Exchange Commission (CySEC) announced on 7 September 2022 that the deadline for submitting information to  the Cyprus Beneficial Ownership Register...

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