The deadline for the payment of the 2021 annual company levy has been extended from 30 June 2021 to 31 December 2021.
If the payment is made after 31 December 2021, the standard penalties will apply.
Non-payment of the annual company levy can result in the deregistration of a company from the Register of the Cyprus Registrar of Companies.
From 22 February 2021, a contribution of 0,4% is imposed on the sale of immovable property in the Cyprus.
The…
Under the new IP regime, 80% of qualifying profits generated from qualifying assets will be deemed to be tax…
read moreThe Cyprus government has presented its plan for attracting companies to operate or expand their activities in Cyprus.
The main…
On 3 September 2018, the Cyprus Tax Department issued the circular EE-25 in order to provide guidance regarding the…
read moreEffective from 8 June 2022, the reduced rate of 3% will apply to both Cyprus tax resident domiciled individuals…
read moreEffective from the tax year 2019 onwards, the limit of the allowances provided for in article 14 of the…
read moreOn 15 December 2020 the House Of Parliament voted for the extension of the specific law which aims to…
read moreAs from 13 November 2017, 19% VAT is imposed on the letting of immovable properties in Cyprus.
Imposition of VAT…
read moreThe Deemed Dividend Distribution provisions apply to the profits of Cypriot tax resident companies that are attributable directly to…
read moreOn 26 June 2019 an amendment to the Special Defence Contribution (SDC) Law was published in the Official Government…
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