25
Apr
Summary of Information Table (SIT)
The SIT is a form which must be submitted to the Tax Department on an annual basis and reflects…
read moreApril 2024
25
Apr
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…
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25
Apr
Abolishment of the annual fee / company levy (€350)
On 21 February 2024, the President of the Republic of Cyprus announced the decision of the Council of Ministers…
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25
Apr
Provisional tax instalments for the tax year 2024
The income tax for individuals and companies for the tax year 2024 must be estimated and prepaid in two…
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25
Apr
Transfer Pricing FAQs
Effective from the tax year 2022 onwards, Cyprus taxpayers are obliged to prepare Transfer Pricing Studies for transactions exceeding…
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25
Apr
Prevention of tax abuse
The relevant laws have been amended in order to introduce withholding taxes (WHT) on payments to companies in jurisdictions…
read moreSeptember 2022
14
Sep
Special Defence Contribution (SDC) reduced rate of 3%
Effective from 8 June 2022, the reduced rate of 3% will apply to both Cyprus tax resident domiciled individuals…
read moreMay 2022
04
May
Cyprus Digital Nomad Visa
The Cyprus government recently announced a specific visa programme, with several incentives for people who would like to take…
read moreDecember 2021
07
Dec
Attracting companies to operate or expand their activities in Cyprus
The Cyprus government has presented its plan for attracting companies to operate or expand their activities in Cyprus.
The main…
September 2021
15
Sep
Extension to the deadline for payment of the 2021 annual company levy
The deadline for the payment of the 2021 annual company levy has been extended from 30 June 2021 to…
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