NEWSROOM

Reduction in VAT rate applicable to hospitality and transportation services
25/06/2020

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.

Deadline for Submission of 2019 Personal Income Tax Returns Extended
12/06/2020

The Ministry of Finance of Cyprus extended the deadline for submission of the 2019 personal income tax return to 30 October 2020...

Deadline for Submission of 2018 Tax Returns Further Extended
25/05/2020

Through a Decree issued on 22 May 2020, the Cyprus Tax Department announced that the deadline is further extended...

Deadline for Payment of Social Insurance Contributions for March 2020 Extended
05/05/2020

The Cyprus Ministry of Labour announced on 2 May 2020 that the deadline for the payment of Social Insurance and related contributions for March...

Cyprus Tonnage Tax System Extension Approved by Parliament
16/04/2020

On 15 April 2020 the Cyprus Parliament voted in the law the extension of the Tonnage Tax system applicable to the shipping industry in Cyprus...

Different Easter Holidays
15/04/2020

Many of the customs and traditions we have all come to hold so dear during Easter time will not be possible this year

Developments related to the Shipping Industry in Cyprus
09/04/2020

The Cyprus Shipping Deputy Ministry announced that the Cyprus Flag Administration has been removed from the US Coast Guard’s targeted flag list...

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