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Government, Government of Cyprus

Morningstar DBRS and Scope Ratings in Favour of Cyprus

29 October 202429 October 2024Michalis C. ZambartasCyprus, foreign companies, Morningstar DBRS, positive, relocation, resilience, revenue growth, Scope Ratings, technology companies

Morningstar DBRS recently upgraded Cyprus’ long-term credit rating to positive, citing budget surpluses of 2.7% of GDP in 2022 and 3.1% in 2023, following pandemic deficits. In accordance with the
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Citizenship, Immigration, Company Law, Employment Law, Government of Cyprus, International Tax

New Tax Regime for the relocation of high earning employees in Cyprus

10 May 202210 May 2022Michalis C. Zambartas50%exemption, amendment, Cyprus, employees, international tax, relocation, tax regime

The Minister of Finance of the Republic of Cyprus, Costantinos Petrides, has announced today that the Council of Ministers has approved today a Bill of Law setting forward an attractive tax
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Recent Posts

  • Cyprus – Extension of Deadline on Submission of Personal Income Tax Declaration and Payment for the Year 2023
  • Morningstar DBRS and Scope Ratings in Favour of Cyprus
  • Cyprus Achieves Major Cuts in Debt-to-GDP Ratio, Standing Out Among EU Nations
  • Antigua and Barbuda Removed from the EU List of Non-Cooperative Jurisdictions for Tax Purposes
  • Deletion of Fines for Failure to Comply with Cyprus Beneficial Owner Registry

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