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Income Tax Return for 2020: Exemption from Submission
19/07/2021

Individuals with annual gross income below €19,500 are exempted from the obligation to submit an income tax return for 2020.

Release of Updated Publications Following Important Changes to Cyprus Permanent Residence Permit Programme
19/05/2021

Following the very beneficial amendments introduced to the Cyprus Permanent Residence Permit Programme, we have updated our publications covering, among others, the said changes.

Extension of Deadlines Related to Taxes for 2020
22/04/2021

Following an amendment to the Assessment and Collection of Taxes Law published on 20 April 2021, the deadline for submission of the personal income tax return for individuals as well as...

Increase in Earnings Cap for Employment Contribution Purposes
23/12/2020

The earnings cap for Social Insurance purposes for 2021 will increase to €57,408 per annum (2020: €54,864 per annum). It is reminded...

Cyprus Tax Department Issues Guidance Related to Tax Residency During the COVID-19 Crisis
04/11/2020

On 27 October 2020 the Cyprus Tax Department issued Implementing Directive 4, related to tax residency during the COVID-19...

Setting Up in Cyprus: Hiring/Relocating Personnel
08/10/2020

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.

Updated Publications on Incentives to Invest, Set-up a Business and Relocate to Cyprus
18/09/2020

Following the amendments introduced to the Cyprus Investment Programme we have updated our publications... 

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...

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