Reference Interest Rates for 2025 for Notional Interest Deduction on Equity
The Cyprus Tax Department published on 14 February 2025 the bond yield rates as at 31 December 2024 for a…
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Grace Period for Filing of Corporation Tax Return and SIT for 2022
Further to our previous newsfeed, on 12 February 2025 the Cyprus Tax Department announced that while the deadline for submission…
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Changes in Employment Contributions for 2025
The earnings cap for Social Insurance purposes for 2025 has increased to €66,612 per annum (2024: €62,868 per annum).
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Employer’s Returns to be Submitted via the Tax For All Portal
On 13 January 2025 the Tax Department announced that submissions of the Withholding Taxes and Contributions Return, otherwise known as…
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Registration of Employment Details in Ergani Information System
The decree outlines the essential terms and conditions of employment which employers are obliged to disclose via the Ergani Information…
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UBO Register – Important Developments
The Prevention and Combating of Money Laundering Law of 2024 was published on 6 December 2024, introducing significant changes to…
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Happy Holidays!
Warm wishes for a Merry Christmas and a Healthy, Happy and Prosperous New Year 2025 from all of us at…
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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…
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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).
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