NEWSROOM

Ultimate Beneficial Owner Register for Companies – Time to Act
17/03/2021

On 12 March 2021, the Registrar issued a directive with guidelines regarding the maintenance and operation of the Register, as well as...

Cyprus – Russia Double Tax Treaty: Amending Protocol Comes in to Effect
02/03/2021

The ratification procedure has been completed and the protocol came in to effect on 15 January 2021 and it is applicable as from...

Imposition of Administrative Fines Related to Late DAC6 Reporting
01/03/2021

On 26 February 2021 the Tax Department announced that there will be no imposition of administrative fines for overdue submission of DAC6 information that will be submitted until the 30 June 2021, related to...

Cyprus and Germany Sign an Amending Protocol to their Double Tax Treaty
26/02/2021

On 19 February 2021 Cyprus and Germany signed an amending protocol to their existing Double Tax Treaty (DTT) of 2011.

Ultimate Beneficial Owner Register for Companies – Starting on 16 March 2021
23/02/2021

The Registrar of Companies announced on 19 February 2021 that the final starting date for collection of data will be on 16 March 2021.

Double Tax Treaty Between Cyprus and Egypt Enters in to Force
05/02/2021

The Cyprus Tax Department has recently announced that the ratification procedure was completed in both countries and the new DTT has entered...

Extension of DAC6 Reporting Deadlines
03/02/2021

On 3 February 2021 the Cyprus Tax Department announced that the EU Directive on Administrative Cooperation, commonly known as DAC6, is expected...

Ultimate Beneficial Owner Register for Companies – Change in Starting Date
15/01/2021

The Registrar of Companies announced on 15 January 2021 that the collection of data will begin on 22 February 2021... 

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