Tax Reform in Cyprus
On 22 December 2025, the House of Representatives of the Republic of Cyprus enacted a landmark legislative package for comprehensive tax reform. These amendments encompass corporate and personal income tax, […]
Tag: Cyprus
Inside a Сross‑Border Accounting Project
International accounting services matter most when deadlines and jurisdictions collide. This case explains how we helped an investment advisory group coordinate accounting and audits across Cyprus and Hong Kong, align
Case Study: How We Built a Cyprus Holding Structure
We recently helped a group of private stakeholders form a Cyprus holding company. They wanted a tax-friendly way to hold shares in several shipping businesses across Latin America. In this
Cyprus to reduce penalties for late filing of beneficial ownership information
Companies in Cyprus must annually confirm the details of their ultimate beneficial owners or report any changes to such information. The information must be submitted online through the Registrar of
Cyprus Abolishes the €350 Annual Levy on Companies
On 21 February 2024, the Cypriot authorities announced the abolition of the annual fee of €350, which was levied on all companies incorporated in the jurisdiction. The levy is expected
Cyprus extends the deadline for filing beneficial ownership information by legal entities
The Cyprus Registrar of Companies has announced the postponement of the deadline for companies to submit their beneficial ownership information. The new deadline is 31 July 2022.
The creation of a
Cyprus companies tax calendar 2022
This article will review the primary tax obligations of Cypriot companies and individuals who are Cyprus tax residentsand deadlines for their performance in 2022.
Timelines for declaring and paying taxes in
Cyprus made clear the rules on fines for failure to comply with DAC6 requirements
The European Directive 2018/822 of 25 May 2018, known as DAC6, provides the disclosure requirements concerning the cross-border arrangements that may bear the marks of “aggressive tax planning”.
Each Member State
August 2021: International Tax Planning Review
The regular report on harmful tax regimes
The Forum on Harmful Tax Practices (FHTP) has published the new peer review results on the existing preferential tax regimes under the OECD’s monitoring.
May 2021: International Tax Planning Review
UAE allows 100 per cent foreign ownership of local companies
The Government of the United Arab Emirates has confirmed that new rules allowing foreign owners to own local (onshore) companies in