The Protocol, which entered in to force on 3 November 2021, introduces, among others, minimum standards of the OECD Base Erosion and Profit Shifting (BEPS) actions, including...
On 19 November 2021 the Cyprus Tax Department issued a Circular providing clarifications on the administrative fines imposed for non-compliance with DAC6 reporting obligations.
On 22 November 2021 the Cyprus Tax Department announced a further extension to the period over which no administrative...
On 29 October 2021 a Decree by the Cyprus Ministry of Finance was published in the Official Gazette of the Republic.The Decree provides practical guidance with respect...
On 29 October 2021 the Cyprus Registrar of Companies announced that as from that day the submission of information to the Ultimate Beneficial Owner Register...
On 21 September 2021 the Cyprus Tax Department announced an extension to the period over which no administrative fines for overdue submission of DAC6 information will be imposed.
On 18 June 2021 Cyprus has introduced a register for UBOs of Trusts through a Directive issued by the Cyprus Securities and Exchanges Commission...
The Double Tax Treaty provides for the following Withholding Tax rates on dividends, interest and royalties...
