The legal, tax and overall business environment of Cyprus is ideal for the setting up and management of investment funds...
On 19 June 2020, the Cyprus Parliament voted into law the provisions of the EU Anti-Tax Avoidance Directives (ATAD I and ATAD II), which had not been transposed in to local legislation before...
The reduction of the VAT rate applicable to the hotel and related accommodation, catering and transportation services from 9% to 5% will be applicable from 1 July 2020 to 10 January 2021.
The provisions of the Income Tax Law related to the Notional Interest Deduction (NID) on New Equity were amended...
Through a Decree issued on 22 May 2020, the Cyprus Tax Department announced that the deadline is further extended...
The EC published a press release on 8 May 2020 proposing a deferral of the reporting deadlines under DAC6 by three months
The Cyprus Ministry of Labour announced on 2 May 2020 that the deadline for the payment of Social Insurance and related contributions for March...
