Preparation of audited accounts by self-employed persons

The Cyprus Tax Department circulated an alert informing self-employed taxpayers that they have an obligation to prepare audited accounts if their total income (business income and other income like [...]

By |2019-08-20T10:53:03+00:00March 23rd, 2018|Alerts, Direct Tax, Self-Employed|

Extension for the submission of tax returns

The Cyprus Tax Department circulated an alert informing taxpayers that the submission date for Income Tax Returns for Companies (T.D.4) and Self Employed persons with audited accounts (T.D.1 Acc) [...]

Foreign Tax and 10% extra tax

Summary On 9 February 2018, the Cyprus Tax Department issued Interpretative Tax Circular 18 clarifying that the additional tax of 10% imposed in the case of low self-assessment, shall be calculated [...]

Cyprus Tax Guide 2018

Our Information Sheet Cyprus Tax Guide 2018 summarises the main taxes applicable in Cyprus on companies and individuals. Information Sheet: Cyprus tax Guide 2018

Cyprus Capital Duty

Upon the incorporation of a Cyprus company and any subsequent increase of its share capital, there is capital duty payable at the Registrar of Companies. Set out below is [...]

Cyprus Double Tax Treaties

Double tax treaties are agreements between two or more countries for the allocation of taxing rights and the imposition of obligations for each country. Through the application of the [...]

Cyprus Tax Diary 2017

Our Information Sheet Cyprus Tax Diary 2017 summarises the important dates for tax purposes in Cyprus for companies and individuals. Information Sheet: Cyprus tax diary 2017 [...]

Cyprus Tax Highlights 2017

Our Information Sheet Cyprus Tax Highlights 2017 is a very brief summary of the main taxes applicable in Cyprus on companies and individuals. Information Sheet: Cyprus Tax Highlights 2017 [...]

Cyprus Tax Guide 2017

Our Information Sheet Cyprus Tax Guide 2017 summarises the main taxes applicable in Cyprus on companies and individuals. Information Sheet: Cyprus tax Guide 2017