On 3 December 2020 the Cyprus Parliament approved the extension of the two incentives already in place for attracting people to relocate to Cyprus and obtain employment in the country.
On 27 November 2020 it was announced that the deadline for submission of the 2019 personal income tax return is further extended to 15 December 2020.
With our best wishes for a healthier, safer, brighter 2021!
On 2 November 2020, an amendment to the VAT Law was published in the Official Gazette of the Republic, allowing for the said VAT due to be settled in six equal monthly instalments...
On 27 October 2020 the Cyprus Tax Department issued Implementing Directive 4, related to tax residency during the COVID-19...
The deadline for submission of the 2019 personal income tax return is further extended to 30 November 2020.
The Cyprus government announced recently that the Cyprus Investment Programme will be terminated as from 1 November 2020.
We are examining aspects related to human resources, whether these relate to hiring employees from the local market and/or relocating existing personnel from abroad.