Public Interest Rate for 2020
With a decree issued on 20 December 2019, the Minister of Finance of the Republic of Cyprus has set the public interest rate for 2020 at 1.75%…
Cyprus Tonnage Tax System Extended
On 16 December 2019, the European Commission approved the extension of the Tonnage Tax system applicable to the shipping industry in Cyprus for 10 years…
New/Revised Fines by Cyprus Registrar of Companies – Extension of Deadline
As we have reported back in September, as from 18 December 2019, the Registrar of Companies was supposed to start imposing an administrative fine…
Holidays are Coming!
As we are approaching the festive season we would like to inform everyone that our office will remain closed for holidays from 24 December 2019 to 2 January 2020, both inclusive.
Merry Christmas and a Healthy, Happy and Prosperous New Year to everyone!
Cyprus Film Production Scheme – Impressive Pick-Up
The scheme for the promotion of the film industry in Cyprus has started giving fruits less than a year after its introduction.
Interview of Seamark Managing Director to Gold Magazine
On the occasion of the 100th issue of Gold Magazine our Managing Director, George Savvides, was invited for an interview as part of the popular “Lunch with Gold” column.
Seamark: Approved Provider for Cyprus Investment Programme
Seamark Consultants Ltd has recently got its authorisation for provision of services in relation to the Cyprus Investment Programme re-assessed and confirmed…
Cyprus Investment Programme: Restrictions on Eligible Persons
The Council of Ministers of the Republic of Cyprus set some restrictions related to the persons who can qualify for the Cyprus Investment Programme…
Corporation Tax Return for 2018 incorporates Transfer Pricing Requirements
The Cyprus Tax Department has incorporated the relevant Transfer Pricing requirements in the Corporation Tax Return for 2018…
New Double Tax Treaty between Cyprus and Egypt – Details
According to the capital gains provisions of the treaty, the country of residence of the seller has the exclusive right to tax gains arising from the disposals of shares, except…