NEWSROOM

Transfer Pricing Rules – Submission of SIT
22/05/2024

On 20 May 2024 the Cyprus Tax Department announced that as from 27 May 2024 the Summary Information Table will be submitted only though the Tax For All Portal.

UBO Register – Penalties
21/05/2024

The Cyprus Registrar of Companies issued an announcement on 17 May 2024, stressing that in case of change of officers in a company or partners in a partnership, it is the...

Transfer Pricing Rules in Cyprus – New FAQs by Tax Authorities
09/04/2024

The Cyprus Tax Department issued new Frequently Asked Questions on its website, providing guidance on certain aspects of the Transfer Pricing Rules introduced with effect from 1 January 2022.  

UBO Register – Problematic Cases
15/03/2024

The Cyprus Registrar of Companies issued an announcement on 14 March 2024, focusing on the cases where it is not possible to comply with the obligation to submit information...

EU List of Non-Cooperative Jurisdictions for Tax Purposes – Removals
05/03/2024

The EU Council revised its list of non-cooperative jurisdictions for tax purposes on 20 February 2024, removing the Bahamas, Belize, Seychelles and Turks & Caicos Islands.

Double Tax Treaty Between Cyprus and Croatia in Application
12/02/2024

Through a circular issued on 1 February 2024 the Cyprus Tax Department announced that the necessary procedures for ratification of the Double Tax Treaty between  Cyprus and Croatia were completed...

Cancellation of Penalties for Late Submission of Data to UBO Register
01/02/2024

The Cyprus Registrar of Companies announced, on 31 January 2024, that any penalties imposed for late submission of data to the Register of Beneficial Owners of Corporate and Other Legal Entities (UBO Register) are waived.

Extension of Deadline for Submission of Data on UBO Register
26/01/2024

The Cyprus Registrar of Companies announced, on 17 January 2024, the extension of the deadline for submission of data to the Register of Beneficial Owners of Corporate and Other Legal Entities...

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