NEWSROOM

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.

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...

Extension of Incentives for Relocating to Cyprus for Employment
07/12/2020

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.

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.

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 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...

Measures in Response to the Coronavirus Outbreak voted by Cyprus Parliament
31/03/2020

Many business and employment related measures have been voted in to law by the Cyprus Parliament...

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