31 December 2024 is the cut off date for assessing whether there a Deemed Dividend Distribution will need to be considered for Special Contribution for Defence...
05 December 2024
Cyprus Non-Dom Regime
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
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
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
Amendments to the Cyprus Permanent Residence Permit Programme
To address some shortfalls of the Programme, important amendments were introduced with effect on 2 May 2023. These amendments are......
05 November 2023
Deemed Dividend Distribution as at 31 December 2022
Companies with accounting profits for tax year 2020 which fall within the Deemed Distribution (DD) provisions, would have to declare a sufficient amount of dividend, in...
06 November 2022
Digital Nomad Visa – Extension of Number of Beneficiaries
On 3 March 2022 the Council of Ministers of the Republic of Cyprus decided for the number of persons who can obtain a Digital Nomad Visa...
08 March 2022
Deemed Dividend Distribution
The Deemed Distribution (DD) provisions apply where a Cyprus tax resident company has not distributed as a dividend at least 70% of its after-tax profits......
21 December 2021
Important Changes to the Cyprus Permanent Residence Permit Programme
The Cyprus Permanent Residence Permit Programme became even more attractive with some changes, which became effective on 24 March 2021....
