Annual Levy for Cyprus Companies – Ετήσιο Τέλος Εταιρειών – Ежегодный сбор 2018

ENGLISH Based on Cyprus Company Law all companies registered in the Republic of Cyprus must pay the Registrar of Companies annual levy for the year 2018 of € 350 [...]

By |2018-06-11T18:43:16+00:00June 11th, 2018|Alerts, Entity Type, Registrar of Companies|

Εγγραφή ατόμων στο TaxisNet – Νέα διαδικασία

Η φορολογική δήλωση φυσικού προσώπου για το έτος 2017 και έπειτα, μπορεί να υποβληθεί μόνο ηλεκτρονικά μέσω του συστήματος TaxisNet. Το Τμήμα Φορολογίας δεν αποδέχεται πλέον φορολογικές δηλώσεις σε [...]

By |2019-08-20T10:45:29+00:00April 30th, 2018|Alerts, Direct Tax, Individuals|

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|

Cyprus Tax Treaty Network Updates

Cyprus continues to expand its tax treaty network by entering into new treaties or revising existing ones in line with the latest OECD Model Tax Treaty. Barbados The treaty [...]

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 [...]