Variable Capital Investment Company – Important Amendments
On 5 November 2021 the Companies’ Law of Cyprus has been amended for what concerns Variable Capital Investment Companies.
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Withholdings on Dividend and Interest Payments – Extension of Deadline for Submission of Declarations
The Tax Department announced on 26 January 2022 that the deadline for electronic submission of the declarations for Special Contribution…
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UBO Register – ACT NOW!
The deadline for registration of every company or any other legal entity incorporated in Cyprus to the UBO Register is…
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Liquidation of Cyprus Companies | Insolvency Services
There are different reasons why a company may need to close down and different procedures that have to be followed…
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Public Interest Rate for 2022
With a decree issued on 31 December 2021, the Minister of Finance of the Republic of Cyprus has kept the…
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Special Contribution for Defense and General Healthcare System Withheld on Dividend and Interest Payments
The deadline for electronic submission of the declarations for Special Contribution for Defense and General Healthcare System contributions withheld on...
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Cyprus and Jordan Sign a Double Tax Treaty
On 17 December 2021 Cyprus and Jordan signed a Double Tax Treaty. The treaty is based on the new OECD…
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Earnings Threshold for Employment Contribution Purposes for 2022
The earnings cap for Social Insurance purposes for 2022 has increased to €58,080 per annum (2021: €57,408 per annum).
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Country by Country Reporting – Extension of Deadline
The Cyprus Tax Department announced on 20 December 2021 that the submission deadline for Country-by-Country (CbC) Reporting obligations in Cyprus…
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