Latest Posts

The Cyprus UBO Register (22/03/2021)

The Cyprus UBO Register (22/03/2021)

A period of 6 months, starting from the 16th March 2021, will be given to all existing entities to submit..

Rent Defense and GHS Contributions (15/02/2021)

Rent Defense and GHS Contributions (15/02/2021)

Every year the contributions for the Rent Defense Expense (code 0614) and GHS on Rents (code 0714) must be paid..

Annual Levy for Cyprus Companies 2020 (12/10/2020)

Annual Levy for Cyprus Companies 2020 (12/10/2020)

As statutorily required, Cyprus registered companies must pay an annual company fee at the Department of the Registrar of Companies..

TAX Portal (03/07/2020)

TAX Portal (03/07/2020)

The Tax Department has launched a new e-service with the name Tax Portal, where citizens and companies/businesses will be able to..

Special Support Schemes for Businesses and Employees (02/07/2020)

Special Support Schemes for Businesses and Employees (02/07/2020)

The Labour Ministry has launched the online application process for the 4th period of its support schemes addressed to businesses..

VAT rate reduced to 5% (01/07/2020)

VAT rate reduced to 5% (01/07/2020)

The Cyprus Government has temporarily reduced the VAT rate that applies to the tourism, restaurant and transport industries from 9%..

TAX Portal (30/06/2020)

TAX Portal (30/06/2020)

The Tax Department has launched a new e-service with the name Tax Portal, where citizens and companies/businesses will be able..

General Healthcare System (GHS) Contribution Rates (16/06/2020)

General Healthcare System (GHS) Contribution Rates (16/06/2020)

The contribution rates for the General Healthcare System (GHS, commonly known as Gesy) have changed as from 1st of June 2020..

New Laws following the COVID-19 outbreak (30/03/2020)

New Laws following the COVID-19 outbreak (30/03/2020)

Following our latest newsletter sent on 19th March 2020, the Cyprus Parliament has voted the relevant TAX and VAT laws on..