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UBO Register – Deadline and Report Production
On 1 August 2022 the Cyprus Registrar of Companies announced that an application for the issuance of a “Beneficial Ownership…
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Further Improvement of Income Tax exemptions for Persons who Move to Cyprus for Employment
An amending law was published in the Official Gazette of the Republic of Cyprus with respect to the income tax…
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UBO Register – Deadline
On 25 July 2022 the Cyprus Registrar of Companies announced that the extended deadline for submission of data to the…
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Incentives for Investing in Innovative SMEs – Extension of Application to Corporate Investors
The tax incentives for investing in innovative enterprises have been extended even further following a law approved by Cyprus Parliament…
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Increased Tax Deduction for Research and Development Expenses
An amendment to the Income Tax Law (the ‘Law’) was voted by the Cyprus Parliament on 7 July 2022 in…
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Limited Assurance Review Instead of Full Scope Audit
The Cyprus Parliament approved amendments to the Companies Law and to the Assessment and Collection of taxes law on 9…
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Introduction of Transfer Pricing Rules in Cyprus
On 30 June 2022, the Cyprus Parliament voted in to law a package of measures introducing detailed Transfer Pricing (TP)…
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Extension of Deadline for Payment of Annual Levy for 2022
Based on a law voted by Cyprus Parliament on 30 June 2022, the deadline for payment of the Annual Levy…
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Reminder for UBO Register Deadline
The Cyprus Registrar of Companies issued an announcement on 27 June 2021 as a reminder that the deadline for submission…
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