The Protocol, which entered in to force on 3 November 2021, introduces, among others, minimum standards of the OECD Base Erosion and Profit Shifting (BEPS) actions, including...
On 19 November 2021 the Cyprus Tax Department issued a Circular providing clarifications on the administrative fines imposed for non-compliance with DAC6 reporting obligations.
On 22 November 2021 the Cyprus Tax Department announced a further extension to the period over which no administrative...
On 29 October 2021 a Decree by the Cyprus Ministry of Finance was published in the Official Gazette of the Republic.The Decree provides practical guidance with respect...
On 15 October 2021 the Cyprus government presented its Action Plan for attracting companies to establish or expand presence in Cyprus. The Plan is in line with...
On 21 September 2021 the Cyprus Tax Department announced an extension to the period over which no administrative fines for overdue submission of DAC6 information will be imposed.
We will consider whether to form a company in Cyprus or redomicile a foreign company to the country. We will also contemplate alternatives concerning premises, as well as for sourcing and appointing officers for the company.
Following the transposition of 5th EU Anti-Money Laundering (AML) Directive in to Cyprus Law, providers offering services related to crypto-assets were brought within the scope...
