No URL specified Stavroucpa Transfer Pricing Requirements and Guideline Effective from the tax year 2022 onwards, the simplification rules of 2.2857% on back to back loans etc. will cease to exist and a proper Transfer Pricing (TP) studies must be prepared for all transac... Jul 31, 2024 0 393
No URL specified Stavroucpa All taxpayers with related party transactions have to submit a Summary Information Table From the tax year 2022 onwards , all taxpayers that engage in transactions with related parties, have to submit a Summary Information Table (SIT) . The SIT includes details of the related party transa... Jul 18, 2024 1 480
No URL specified Stavroucpa Cyprus companies: 2024 Temporary tax first instalment Companies that expect to have taxable income for the year 2024 must pay the first instalment of the temporary (provisional) tax by the 31st of July 2024. The tax, calculated as 12.5% on the taxable in... Jul 18, 2024 0 376
No URL specified Stavroucpa Παράταση ημερομηνίας υποβολής της Δήλωσης Εισοδήματος ατόμου για το έτος 2023 Το Τμήμα Φορολογίας ενημερώνει ότι, με βάση Διάταγμα του Υπουργικού Συμβουλίου ημερομηνίας 21/6/2024 (ΚΔΠ 209/2024), παρατείνεται μέχρι και την 31η Οκτωβρίου 2024 η ημερομηνία εμπρόθεσμης υποβολής της... 2023 tax foros eisodimatos foros kipros Jul 18, 2024 0 662
No URL specified Stavroucpa Change in the application of the reduced VAT rate of 5% for the acquisition or construction of primary and permanent residences in Cyprus On 16 June a VAT Amendment Law was published in the official gazette of the Republic of Cyprus, which introduces changes to the conditions for the application of the reduced VAT rate of 5% for the acq... Jul 3, 2023 0 615
No URL specified Stavroucpa Guidance to filing Annual Returns and Financial Statements for CY entities All companies in Cyprus, following their incorporation with the Registrar of Companies, have the statutory obligation to maintain their registration up to date, by complying with their annual obligati... Feb 10, 2023 0 890
No URL specified stavroucpa Establishment of UBO Register for companies in Cyprus On 18 February 2021, the House of Representatives (Parliament) voted for The Prevention and Suppression of Money Laundering and Terrorist Financing (Amending) Law of 2021; an amending law intended to ... Mar 1, 2021 0 447
No URL specified stavroucpa Extension of the deadline for payment of SDC and GHS contributions on deemed dividend distribution for tax year 2018 Please be informed that, the deadline for the payment of SDC and GHS contributions on such distributions for the tax year 2018 is extended to 30 April 2021; previous deadline was up to 31 January 2021... Feb 3, 2021 0 496
No URL specified stavroucpa Tax exemption for first time employees in Cyprus extended to 2025 The exemption aims to maintain the appeal of Cyprus as a country and to attract employees by creating real infrastructure for businesses and help to establish new investments. The Income Tax Law has b... Jan 5, 2021 0 473
No URL specified stavroucpa New coronavirus support plans for December 2020 The Cyprus Ministry of Labour announced the plans for the December period after the recent peak in coronavirus cases, promising to further support companies and employees during 2021. The plans mainly... Jan 5, 2021 0 634
No URL specified stavroucpa Introducing the New Changes to the Cyprus Investment Program (CIP) The Cyprus Government introduced various amendments which aim at securing the Investors’ Interests and to further regulate the Program. The purpose behind these latest amendments is to deflect the cri... Aug 25, 2020 0 677
No URL specified stavroucpa Various amendments to the VAT law An amendment published in Cyprus’ official Gazette on 20 August 2020 makes the following main changes to the Cyprus VAT law: New Definition of Legal Person The amendment introduces a new definition of... Aug 20, 2020 0 651
