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
New Deadlines for Payment of SCD and GHS on Rental Charges in Effect
The Cyprus Tax Department issued an announcement on 21 February 2024 in order to notify the change in the payment terms of Special Contribution for Defense...
05 February 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
Reduced VAT Rate on Purchase or Construction of New Residence
On 8 June 2023 the Cyprus Parliament approved the bill on the application of a 5% VAT rate on the purchase or construction of a property...
05 November 2023
Change in Deadline for Payment of SCD on Rental Income
The amendment relates to the deadline for payment of Special Contribution for Defense on rental income, in cases this is withheld at source. The tax should...
05 November 2023
Cyprus and Croatia Sign a Double Tax Treaty
On 17 October 2023 Cyprus and Croatia signed a Double Tax Treaty (DTT). The treaty was published in the Official Gazette of the Republic of Cyprus...
05 November 2023
Third Country Nationals Relocating to Cyprus – New Options
The Council of Ministers of the Republic of Cyprus recently approved new regulations permitting the issuance of immigration permits for third country nationals in the following...
08 June 2022
Inheritance and Estate Planning – Company or Trust?
In this newsfeed we will focus on two popular Cyprus entities, which can be used for arranging and administering the wealth of a family in order...
11 October 2021
Setting Up in Cyprus: Company-Officers-Premises
We will consider whether to form a company in Cyprus or redomicile a foreign company to the country. We will also contemplate alternatives concerning premises, as...
