Recently, one of the major Cypriot banks announced that they have created a specialised unit solely devoted to serve technology companies. According to the statement of the Bank; “this initiative
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On 22nd November 2021, The Tax Department of the Ministry of Finance of the Republic of Cyprus announced that there will be no imposition of fines to DAC6 overdue reportable
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Ασύμφωνος με το Σύνταγμα κρίθηκε ο Νόμος της Βουλής των Αντιπροσώπων για την αναστολή των εξώσεων ενοικιαστών μέχρι την 31η Δεκεμβρίου 2020. Ο Πρόεδρος της Δημοκρατίας ασκώντας το συνταγματικό του
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Recently, the Deputy Minister of Research, Innovation and Digital Policy, Kyriakos Kokkinos announced that Cyprus will proceed implementing a tele-service to serve its citizens. Tele-service means serving citizens via telephone,
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In an interesting interview on the 29 August 2021 with Politis Newspaper, the Minister of Finance Constantinos Petrides announced that Cyprus will soon implement extensive tax reforms. From the interview
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The Moody’s credit rating agency has recently upgraded the Cyprus’ long term credit rating to Ba1 stable outlook. Moody’s cited that “the key drivers for the rating action to upgrade
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Cyprus has recently provided a definition for obliged entities under the Prevention and Suppression of Money Laundering Law 2007 (188(I)/2007) (AML law). This is an implementation under the requirements of
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Further to our article that was published yesterday, 01 July 2021, the House of Representatives approved the extension to the deadline for the payment annual company levy (350 euros) until 31
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The Plenary session of the House of Representatives will decide on an urgent basis tomorrow for an extension to the deadline for the payment annual company levy (350 euros) until
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Today, June 1st, 2021, the Republic of Cyprus and the Kingdom of the Netherlands finally signed the double tax treaty for the avoidance of double taxation and prevention of tax
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