Arrears payment on taxes
On 27 January the Cyprus parliament approved a new law which provides for the payment of ... read more
News
An agreement has been reached between Russian and Cypriot authorities to suspend the taxation of profits from the sale of shares of companies deriving more than 50% of their value from immovable prope
On 29 December 2016 the Cyprus Ministry of Finance announced that an agreement has been ... read more
New tax relief for investors in small and medium sized innovative enterprises
The tax relief for investors in qualifying small and medium-sized innovative enterprises ... read more
Mandatory e-filing of VAT returns as of May 2017
All taxable persons, as per the provisions of the Cyprus VAT Laws, are obliged to submit ... read more
India removed Cyprus from its ‘Notified Jurisdictional Area’ (NJA) list
India removed Cyprus from its ‘Notified Jurisdictional Area’ (NJA) list with ... read more
Revised Double Tax Treaty between Cyprus and India
On the 18 November 2016, a revised Double Tax Treaty between Cyprus and India was signed. ... read more
New procedures for safeguarding funds of Cyprus Investment Firms clients’
The Cyprus Securities and Exchange Commission (‘CySEC’) has issued a draft circular ... read more
Amendments to the Companies Law to incorporate the provisions of the EU Accounting Directive (2013/34/EU) into domestic Law.
Law 97(Ι) of 2016, which was published in the official gazette on 23 September 2016, ... read more
Council of Ministers decision dated 14th September 2016, in regards to the Scheme for Naturalisation of Investors in Cyprus by Exception
By a decision approved by the Council of Ministers of Cyprus on 14th September 2016, the ... read more
Cypriot naturalization investments
The Cyprus Ministry of Interior has announced that the Cypriot naturalization scheme has ... read more
Registrar Announcement in Respect of the Levy Payment
According to The Cyprus Company Law, Cap. 113, all Companies are liable to pay their levy ... read more
Upgrades of Cyprus banks
Moody’s credit ratings agency changed earlier this week its outlook on the Cypriot ... read more