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Cyprus and the Netherlands sign a Double Tax Treaty
02/06/2021

On 1 June 2021 Cyprus and the Netherlands signed a Double Tax Treaty.

Transfer of Legal Seat (Re-domiciliation) to/from Cyprus
25/05/2021

Cyprus has become a very popular destination for redomiciliations over the last few years and there are very good reasons for this.

Reference Interest Rates for 2021 for Notional Interest Deduction on New Equity
02/03/2021

The Cyprus Tax Department published on 12 February 2021 the bond yield rates per country as at 31 December 2020 to be considered for the Notional Interest Deduction (NID) to which equity...

Imposition of Administrative Fines Related to Late DAC6 Reporting
01/03/2021

On 26 February 2021 the Tax Department announced that there will be no imposition of administrative fines for overdue submission of DAC6 information that will be submitted until the 30 June 2021, related to...

Cyprus and Germany Sign an Amending Protocol to their Double Tax Treaty
26/02/2021

On 19 February 2021 Cyprus and Germany signed an amending protocol to their existing Double Tax Treaty (DTT) of 2011.

Cyprus Tax Department Extends Guidance Related to Tax Residency During the COVID-19 Crisis
10/02/2021

A new Implementing Directive was issued on 25 January 2021, which extends the provisions of Directive 4/2020 for the year 2021.

Double Tax Treaty Between Cyprus and Egypt Enters in to Force
05/02/2021

The Cyprus Tax Department has recently announced that the ratification procedure was completed in both countries and the new DTT has entered...

Extension of DAC6 Reporting Deadlines
03/02/2021

On 3 February 2021 the Cyprus Tax Department announced that the EU Directive on Administrative Cooperation, commonly known as DAC6, is expected...

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