🔍
UBO Register – Important Developments
The Prevention and Combating of Money Laundering Law of 2024 was published on 6 December 2024, introducing significant changes to…
Read More →
Happy Holidays!
Warm wishes for a Merry Christmas and a Healthy, Happy and Prosperous New Year 2025 from all of us at…
Read More →
Cyprus Introduces Global Minimum Tax for Multinational and Large Domestic Groups
The Directive is set to ensure a global minimum level of taxation for multinational enterprise groups and large domestic groups…
Read More →
Cyprus and Oman Sign a Double Tax Treaty
On 8 December 2024 the Republic of Cyprus and the Sultanate of Oman signed a Double Tax Treaty (DTT).
Read More →
Deemed Dividend Distribution for 2024
31 December 2024 is the cut off date for assessing whether there a Deemed Dividend Distribution will need to be…
Read More →
Clarifications on Country by Country Reporting Agreement between Cyprus and the USA
Through an announcement issued on 13 October 2022 the Cyprus Tax Department clarified that the bilateral Competent Authority Arrangement for…
Read More →
Cyprus Non-Dom Regime
The introduction in 2015 of the concept of domicile in the tax system and the resulting special regime for persons…
Read More →
Re-introduction of Temporary Application of Zero VAT Rate for Essential Items
The Tax Department announced on 31 October 2024, that the application of the zero rate of VAT on selected food…
Read More →
Deadline for Submission of Personal Income Tax Return for 2023 Further Extended
The Cyprus Tax Department announced on 30 October 2024 that the deadline for submission of the Income Tax Return for…
Read More →