Modernization of Cyprus Transfer Pricing legislation
13/09/2023On the 6th of July 2023, a new circular was issued by the Tax department, in addition to the one…Suspension of Double Tax Treaty between Cyprus and Russia
11/08/2023As a response to the sanctions placed on Russia, due to the current state of affairs in Ukraine, Vladimir Putin…Cyprus Joins the Schengen Zone
10/08/2023During the past few decades, Cyprus has been under assessment to be able to enter the Schengen Information System (SIS).…Updates from Cyprus Tax Department: New Version of Stamp Duty Calculator
10/08/2023CyprusTax Department would like to inform that for documents processing with variable fees purposes, a new version of the Stamp…Cyprus: Tax Obligations 2023
07/07/2023On June 9, 2023, the Cyprus Tax Authorities announced that an obligation to prepare and submit a Tax Return for…Cyprus: Amendments to Income Tax Law: Extended Exemption for Non-resident Employees
23/06/2023On June 22, 2023, the Plenum of the Parliament introduced an important amendment to the Income Tax Law, extending the…Cyprus 60-day rule: The best kept secret in Global Tax Mobility
07/06/2023As per Cyprus Tax legislation, an individual is considered to be a tax resident in Cyprus if they spend more…JCC Platform no longer available for Tax Payments
07/06/2023The Tax Department announced that as of May 3rd 2023 tax payments through JCC platform will no longer be available…Cyprus: A Real Estate Investment Hub
04/04/2023Strategically located in the eastern Mediterranean, Cyprus has been a robust investment hub throughout the years, an infallible European partner…Cyprus: TFA platform – deadline extensions
22/03/2023The launch of the TFA platform will commence (stage 1) on the 27 March 2023. As of then all tax…