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	<title>Compliance &#8211; MICHALIS C. ZAMBARTAS, Advocates, Legal &amp; Tax Advisors</title>
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	<title>Compliance &#8211; MICHALIS C. ZAMBARTAS, Advocates, Legal &amp; Tax Advisors</title>
	<link>https://zambartaslegal.com</link>
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		<title>Important Notice for Cyprus-based Organisations: Confirmation of Beneficial Ownership Details for the Year 2025</title>
		<link>https://zambartaslegal.com/important-notice-for-cyprus-based-organisations-confirmation-of-beneficial-ownership-details-for-the-year-2025/</link>
		
		<dc:creator><![CDATA[Michalis C. Zambartas]]></dc:creator>
		<pubDate>Mon, 01 Sep 2025 06:58:47 +0000</pubDate>
				<category><![CDATA[Compliance]]></category>
		<category><![CDATA[beneficial ownership register]]></category>
		<category><![CDATA[Cyprus]]></category>
		<guid isPermaLink="false">https://zambartaslegal.com/?p=3092</guid>

					<description><![CDATA[On 25 August 2025, the Department of the Registrar of Companies and Intellectual Property (DRCIP) announced that all companies, partnerships, and European Public Limited Companies (SEs) registered in Cyprus must <br /><a href="https://zambartaslegal.com/important-notice-for-cyprus-based-organisations-confirmation-of-beneficial-ownership-details-for-the-year-2025/" class="more-link btn btn-primary">Read More</a>]]></description>
		
		
		
			</item>
		<item>
		<title>Cyprus House of Parliament Approves the Creation of National Sanctions Unit</title>
		<link>https://zambartaslegal.com/cyprus-house-of-parliament-approves-the-creation-of-national-sanctions-unit/</link>
		
		<dc:creator><![CDATA[Michalis C. Zambartas]]></dc:creator>
		<pubDate>Thu, 31 Jul 2025 08:33:10 +0000</pubDate>
				<category><![CDATA[Compliance]]></category>
		<category><![CDATA[Government of Cyprus]]></category>
		<category><![CDATA[Cyprus]]></category>
		<category><![CDATA[sanctions]]></category>
		<category><![CDATA[sanctions unit]]></category>
		<guid isPermaLink="false">https://zambartaslegal.com/?p=3086</guid>

					<description><![CDATA[Recently, the Cyprus House of Parliament has passed legislation approving the creation of a financial sanctions unit within the Ministry of Finance. The unit will coordinate the enforcement of sanctions <br /><a href="https://zambartaslegal.com/cyprus-house-of-parliament-approves-the-creation-of-national-sanctions-unit/" class="more-link btn btn-primary">Read More</a>]]></description>
		
		
		
			</item>
		<item>
		<title>Cyprus – Extension of Personal Income Tax Return Filing Deadline to September 30, 2025</title>
		<link>https://zambartaslegal.com/cyprus-extension-of-personal-income-tax-return-filing-deadline-to-september-30-2025/</link>
		
		<dc:creator><![CDATA[Michalis C. Zambartas]]></dc:creator>
		<pubDate>Thu, 19 Jun 2025 07:55:22 +0000</pubDate>
				<category><![CDATA[Compliance]]></category>
		<category><![CDATA[Tax Law]]></category>
		<category><![CDATA[Cyprus]]></category>
		<category><![CDATA[personal income tax]]></category>
		<guid isPermaLink="false">https://zambartaslegal.com/?p=3079</guid>

					<description><![CDATA[The Cyprus Council of Ministers has approved an extension for the submission of 2024 personal income tax returns and associated payments. This adjustment is intended to simplify compliance and ease <br /><a href="https://zambartaslegal.com/cyprus-extension-of-personal-income-tax-return-filing-deadline-to-september-30-2025/" class="more-link btn btn-primary">Read More</a>]]></description>
		
		
		
			</item>
		<item>
		<title>Navigating Cyprus Transfer Pricing Rules: SIT Filing Requirements, Deadlines, and Penalties</title>
		<link>https://zambartaslegal.com/navigating-cyprus-transfer-pricing-rules-sit-filing-requirements-deadlines-and-penalties/</link>
		
		<dc:creator><![CDATA[Michalis C. Zambartas]]></dc:creator>
		<pubDate>Fri, 28 Mar 2025 07:09:58 +0000</pubDate>
				<category><![CDATA[Compliance]]></category>
		<category><![CDATA[arm’s length]]></category>
		<category><![CDATA[Cyprus]]></category>
		<category><![CDATA[SIT]]></category>
		<category><![CDATA[Summary Information Table]]></category>
		<category><![CDATA[transfer pricing]]></category>
		<guid isPermaLink="false">https://zambartaslegal.com/?p=3053</guid>

					<description><![CDATA[From the 2022 tax year onward, all companies in Cyprus, as well as Permanent Establishments (PEs) of non-resident entities that engage in controlled transactions (transactions with related parties), are obligated <br /><a href="https://zambartaslegal.com/navigating-cyprus-transfer-pricing-rules-sit-filing-requirements-deadlines-and-penalties/" class="more-link btn btn-primary">Read More</a>]]></description>
		
		
		
			</item>
		<item>
		<title>Cyprus &#8211; Companies without Postal Codes will be Stricken-Off from the Registry</title>
		<link>https://zambartaslegal.com/cyprus-companies-without-postal-codes-will-be-striking-off-from-the-registry/</link>
		
		<dc:creator><![CDATA[Michalis C. Zambartas]]></dc:creator>
		<pubDate>Tue, 04 Feb 2025 10:34:22 +0000</pubDate>
				<category><![CDATA[Company Law]]></category>
		<category><![CDATA[Compliance]]></category>
		<category><![CDATA[Department of Registrar of Companies and Intellectual Property]]></category>
		<category><![CDATA[non-compliance]]></category>
		<category><![CDATA[post code]]></category>
		<category><![CDATA[strike off]]></category>
		<guid isPermaLink="false">https://zambartaslegal.com/?p=3042</guid>

					<description><![CDATA[On 24 January 2024, the Department of Registrar of Companies and Intellectual Property (the Registrar) announced that all registered companies with the Registrar should verify and update their registered office <br /><a href="https://zambartaslegal.com/cyprus-companies-without-postal-codes-will-be-striking-off-from-the-registry/" class="more-link btn btn-primary">Read More</a>]]></description>
		
		
		
			</item>
		<item>
		<title>UBO Register: Extended Submission Deadline Approaching</title>
		<link>https://zambartaslegal.com/ubo-register-extended-submission-deadline-approaching/</link>
		
		<dc:creator><![CDATA[Michalis C. Zambartas]]></dc:creator>
		<pubDate>Fri, 10 Jan 2025 08:49:56 +0000</pubDate>
				<category><![CDATA[Compliance]]></category>
		<category><![CDATA[Cyprus]]></category>
		<category><![CDATA[data confirmation]]></category>
		<category><![CDATA[deadline]]></category>
		<category><![CDATA[submission]]></category>
		<category><![CDATA[UBO]]></category>
		<category><![CDATA[UBO Register]]></category>
		<guid isPermaLink="false">https://zambartaslegal.com/?p=3028</guid>

					<description><![CDATA[On 16 December 2024, the Department of the Registrar of Companies and Intellectual Property (the Registrar) announced significant updates to the Beneficial Ownership Registry framework under the Prevention and Combating <br /><a href="https://zambartaslegal.com/ubo-register-extended-submission-deadline-approaching/" class="more-link btn btn-primary">Read More</a>]]></description>
		
		
		
			</item>
		<item>
		<title>Cyprus House of Representatives Reduces Penalties for Late Submission of Ultimate Beneficial Owner Declaration</title>
		<link>https://zambartaslegal.com/cyprus-house-of-parliament-reduces-penalties-for-late-submission-of-ultimate-beneficial-owner-declaration/</link>
		
		<dc:creator><![CDATA[Michalis C. Zambartas]]></dc:creator>
		<pubDate>Fri, 22 Nov 2024 09:26:10 +0000</pubDate>
				<category><![CDATA[Compliance]]></category>
		<category><![CDATA[Government of Cyprus]]></category>
		<category><![CDATA[Cyprus]]></category>
		<category><![CDATA[fines]]></category>
		<category><![CDATA[law]]></category>
		<category><![CDATA[Penalty]]></category>
		<category><![CDATA[registrar]]></category>
		<category><![CDATA[Ultimate Beneficial Owner]]></category>
		<guid isPermaLink="false">https://zambartaslegal.com/?p=3002</guid>

					<description><![CDATA[On 21 November 2024, the House of Parliament passed a law amendment significantly reducing the fines for corporate entities that fail to declare their ultimate beneficial owners (UBOs) on time. <br /><a href="https://zambartaslegal.com/cyprus-house-of-parliament-reduces-penalties-for-late-submission-of-ultimate-beneficial-owner-declaration/" class="more-link btn btn-primary">Read More</a>]]></description>
		
		
		
			</item>
		<item>
		<title>Deletion of Fines for Failure to Comply with Cyprus Beneficial Owner Registry</title>
		<link>https://zambartaslegal.com/deletion-of-fines-for-failure-to-comply-with-cyprus-beneficial-owner-registry/</link>
		
		<dc:creator><![CDATA[Michalis C. Zambartas]]></dc:creator>
		<pubDate>Thu, 10 Oct 2024 08:41:24 +0000</pubDate>
				<category><![CDATA[Company Law]]></category>
		<category><![CDATA[Compliance]]></category>
		<category><![CDATA[beneficial owner]]></category>
		<category><![CDATA[beneficial owner registry]]></category>
		<category><![CDATA[BO]]></category>
		<category><![CDATA[Cyprus]]></category>
		<category><![CDATA[fines]]></category>
		<category><![CDATA[UBO]]></category>
		<guid isPermaLink="false">https://zambartaslegal.com/?p=2968</guid>

					<description><![CDATA[The Parliamentary Committee on Energy, Trade, Industry and Tourism of the Cyprus House of Representatives decided on 8 October 2024 to delete all fines imposed for failing to submit the <br /><a href="https://zambartaslegal.com/deletion-of-fines-for-failure-to-comply-with-cyprus-beneficial-owner-registry/" class="more-link btn btn-primary">Read More</a>]]></description>
		
		
		
			</item>
		<item>
		<title>Cyprus Register of Beneficial Owners &#8211; Imposition of Monetary Fines</title>
		<link>https://zambartaslegal.com/cyprus-register-of-beneficial-owners-imposition-of-monetary-fines/</link>
		
		<dc:creator><![CDATA[Michalis C. Zambartas]]></dc:creator>
		<pubDate>Thu, 29 Aug 2024 09:28:49 +0000</pubDate>
				<category><![CDATA[Compliance]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Cyprus]]></category>
		<category><![CDATA[Department of the Registrar of Companies and Intellectual Property]]></category>
		<category><![CDATA[fines]]></category>
		<category><![CDATA[monetary fines]]></category>
		<category><![CDATA[Register of Beneficial Owners]]></category>
		<guid isPermaLink="false">https://zambartaslegal.com/?p=2909</guid>

					<description><![CDATA[On 16 July 2024, the Department of the Registrar of Companies and Intellectual Property announced that in cases of change of officers/partners in a company/cooperative, the responsibility to carry out <br /><a href="https://zambartaslegal.com/cyprus-register-of-beneficial-owners-imposition-of-monetary-fines/" class="more-link btn btn-primary">Read More</a>]]></description>
		
		
		
			</item>
		<item>
		<title>Deadline to Submit the Beneficial Owners Data to the Register of Beneficial Owners</title>
		<link>https://zambartaslegal.com/deadline-to-submit-the-beneficial-owners-data-to-the-register-of-beneficial-owners/</link>
		
		<dc:creator><![CDATA[Michalis C. Zambartas]]></dc:creator>
		<pubDate>Mon, 04 Sep 2023 06:02:51 +0000</pubDate>
				<category><![CDATA[Compliance]]></category>
		<category><![CDATA[beneficial owner]]></category>
		<category><![CDATA[Cyprus]]></category>
		<category><![CDATA[dealine]]></category>
		<category><![CDATA[Register of Ultimate Beneficial Owner]]></category>
		<category><![CDATA[registrar of companies]]></category>
		<category><![CDATA[Ultimate Beneficial Owner]]></category>
		<guid isPermaLink="false">https://zambartaslegal.com/?p=2838</guid>

					<description><![CDATA[On 1st of September 2023, the Department of Registrar of Companies and Intellectual Property announced that; “All companies that have been incorporated or registered according to Companies Law Cap. 113, <br /><a href="https://zambartaslegal.com/deadline-to-submit-the-beneficial-owners-data-to-the-register-of-beneficial-owners/" class="more-link btn btn-primary">Read More</a>]]></description>
		
		
		
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