English (United Kingdom)

We would like to remind the deadline for the submission of the Employer’s Tax Declaration (TD7) is 31 May 2023.

Read more

Pursuant to the Beneficial Ownership (Amendment) Act 2022 and the Beneficial Ownership (Amendment) Regulations 2023 (together the Amendments), various legislative amendments to the Beneficial Ownership Act, 2020 (the BO Act) and the Beneficial Ownership Regulations, 2020 (the BO Regulations) have come into force with effect from 30 December 2022 and 28 April 2023 respectively. The Amendments have been implemented to meet new EU and FATF Standards.

Read more

As of 1st of January 2022, TP requirements have been enacted in the Cyprus legislation and a TP analysis is now mandatory under the Cyprus Law of transactions between related parties. Section 33(9)(a) of the income Tax Law provides that the aggregate threshold is at arm’s length with a value more than EUR 750,000 p.a. in aggregate per transaction category (i.e. financial transactions, services, goods, PI-related transactions and other)

Read more

Subcategories

WE ARE PROVIDING YOU
PRIME PROFESSIONAL SUPPORT.

Get ready for experienced, tailored guidance

TALK TO AN EXPERT

CYPRUS TAX CALENDAR AND TAX BOOKLET 2023