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Easter Holidays 2024
We warmly express our best wishes for a Happy Easter! Kindly be informed that our office will be closed from…
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Further Extension of Temporary Application of Zero VAT Rate for Essential Items
On 19 April 2024 an amendment to the VAT Law was published in the Official Gazette of the Republic of…
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Deadline for Submission of Employer’s Return
The deadline for submission of the Withholding Taxes and Contributions Return or the year 2023 is on 31 May 2024.The…
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Transfer Pricing Rules in Cyprus – New FAQs by Tax Authorities
The Cyprus Tax Department issued new Frequently Asked Questions on its website, providing guidance on certain aspects of the Transfer…
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Application for Cyprus Citizenship Based on New Provisions
On 22 March 2024, the Ministry of Interior announced further clarifications regarding the amended provisions of the Civil Registry Law…
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Announcement by Registrar for Abolition of Annual Levy
The Registrar announced on 21 March 2024 that the abolition will be with effect from 2024, therefore all levies up…
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Reference Interest Rates for 2024 for Notional Interest Deduction on Equity
The Cyprus Tax Department published on 7 March 2024 the bond yield rates as at 31 December 2023 for a…
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UBO Register – Problematic Cases
The Cyprus Registrar of Companies issued an announcement on 14 March 2024, focusing on the cases where it is not…
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EU List of Non-Cooperative Jurisdictions for Tax Purposes – Removals
The EU Council revised its list of non-cooperative jurisdictions for tax purposes on 20 February 2024, removing the Bahamas, Belize,…
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