NEWSROOM

Cyprus Parliament Approves EU Blue Card Legislation
17/07/2024

On 11 July 2024, the Cyprus Parliament approved the draft legislation for the implementation of the EU Blue Card Scheme. The EU Blue Card offers a significant opportunity for...

Reference Interest Rates for Montenegro and Cameroon for Notional Interest Deduction on Equity
15/07/2024

The Cyprus Tax Department published on 5 July 2024 the bond yield rates as at 31 December 2022 and 2023 for Montenegro and Cameroon, to be considered for...

Employer’s Returns from 2019 and Onwards
10/07/2024

On 4 July 2024 the Cyprus Tax Department announced that submissions of the Withholding Taxes and Contributions Return  for the year 2019 and onwards can be made until 31 October 2024.

Deadline for Submission of Employer’s Return Extended
06/06/2024

The deadline for submission of the Withholding Taxes and Contributions Return for the year 2023 has been extended from 31 May 2024 to 31 July 2024. The Return...

Cross Border Conversion
04/06/2024

The Cyprus Registrar of Companies clarified that as per the amending Cyprus Companies’ Law, which was published in the Official Gazette of the Republic of Cyprus on 15/3/2024, the legislation...

Reduced VAT Rate on New Residence – Important Amendment
10/05/2024

On 26 April 2024 an amendment to the Cyprus VAT Law was published in the Official Gazette of the Republic of Cyprus. The amendment gives to the Commissioner of the VAT Authorities the discretion...

Easter Holidays 2024
02/05/2024

We warmly express our best wishes for a Happy Easter! Kindly be informed that our office will be closed from Friday, 3 May 2024, until Tuesday, 7 May 2024, both inclusive, for Orthodox Easter Holidays in Cyprus.

Further Extension of Temporary Application of Zero VAT Rate for Essential Items
30/04/2024

On 19 April 2024 an amendment to the VAT Law was published in the Official Gazette of the Republic of Cyprus for the extension of the application of the zero rate of VAT...

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