The introduction in 2015 of the concept of domicile in the tax system and the resulting special regime for persons not domiciled in Cyprus, commonly known...
02 November 2024
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 and socially essential products will be...
01 November 2024
Tax Circular on 50% Exemption of Remuneration from Income Tax
On 8 July 2024 the Cyprus Tax Department issued Circular 04/2024 entitled “50% exemption from Income Tax on remuneration from employment exercised in the Republic”....
06 August 2024
Reduced VAT Rate on New Residence – Important Amendment
On 26 April 2024 an amendment to the Cyprus VAT Law was published in the Official Gazette of the Republic of Cyprus. The amendment gives to...
10 May 2024
Further Extension of Temporary Application of Zero VAT Rate for Essential Items
On 19 April 2024 an amendment to the VAT Law was published in the Official Gazette of the Republic of Cyprus for the extension of the...
05 April 2024
Application for Cyprus Citizenship Based on New Provisions
On 22 March 2024, the Ministry of Interior announced further clarifications regarding the amended provisions of the Civil Registry Law regarding naturalisation....
29 March 2024
Announcement by Registrar for Abolition of Annual Levy
The Registrar announced on 21 March 2024 that the abolition will be with effect from 2024, therefore all levies up to and including 2023 are still...
26 March 2024
Annual Levy to be Abolished
The Council of Ministers of the Republic of Cyprus decided on 21 February 2024, to abolish the Annual Levy of €350 payable to the Registrar of...
05 February 2024
Income Tax exemptions for Persons who Move to Cyprus for Employment – Clarifications by Tax Department
On 1 November 2022 the Cyprus Tax Department issued Tax Circular 10 of 2022, providing clarifications and examples on how the exemptions are applied in practice....
