• On 21 March 2024, the Department of the Registrar of Companies and Intellectual Property (the “Registrar”) announced that according to the Companies (Amendment) Law 2024, L.25(I)/2024, which was published in the Official Gazette of the Republic on 15 March 2024, the annual fee for companies......

  • In accordance with the Cyprus Social Insurance Law of 59(I)/2010, as amended, the contribution rates to the Social Insurance Fund will increase as follows, effective 1st January 2024: In the case of employed persons, the contribution rates to the Social Insurance Fund by both the employer......

  • The Registrar of Companies and Intellectual Property (the “Department”) announced that as of 14 November 2023, the Final Solution of the electronic system of the Register of Beneficial Owners (the “BO Register”) will be implemented in three stages, as follows: Phase A as from 14/11/2023......

  •   The Department of Registrar of Companies and Intellectual Property has announced that the final solution of the electronic system of the Register of Beneficial Owners is expected to be implemented towards the end of October 2023. In this respect all companies incorporated under The......

  •   On 30 June 2023, an amending law with regards to Article 8(23A) of the Cyprus income tax legislation was published in the Official Gazette of the Republic of Cyprus. The amending legislation has a retrospective effect, as from 1 January 2022. As per the......

  • We would like to inform you that on 16 June 2023 an amending VAT law was published in the Official Gazette introducing changes to the requirements specified in the VAT law for the application of the reduced VAT rate of 5% for the acquisition and/or......

  •   We would like to inform you that a Decree (No.183/2023) was issued on Friday 9 June 2023 in the Official Gazette which extends the deadline for the electronic submission of the 2022 Personal Income Tax returns (TD1s) up to 2 October 2023 as well......

  •   Our firm is growing and we are looking to recruit a highly motivated, enthusiastic and responsible individual with a positive approach and excellent communication and interpersonal skills , who should be able to work under pressure and demonstrate responsibility for all given tasks.  ......

  •   Οn 17 January 2023, the Tax Department announced the commencement of the gradual implementation of the Tax For All (TFA) Portal, which will progressively replace (amongst others) the TAXISnet platform. Taxpayers are advised to proceed immediately with updating their e-mail addresses via the TAXISnet......

  •   The Department of Registrar of Companies and Intellectual Property announces that, following the Judgement of the Court of Justice of the European Union (CJEE) in joined cases C-37/20 and C-601/20, of November 22, 2022, access to the Register of Beneficial Owners for the general......

  • We are expanding our team and looking to hire a dedicated , passionate and responsible individual with excellent communication and interpersonal skills, who should be able to work under pressure and demonstrate responsibility for all given tasks. Main Job Responsibilities Recording day to day financial......

  • We would like to inform you that the Ministry of Labor, Welfare, and Social Insurance has recently announced that from the 13th of September 2021 the “ERGANI “Information System will enter into force. With the new system, employers will be able to register as employers electronically but......

  • We would like to inform you that the Cyprus Parliament voted to amend certain provisions relating to the Assessment and Collection of Taxes Law 4/78, extending the deadline for submission of certain direct tax returns and payment of certain tax liabilities. The following deadlines are......

  • Cyprus has recently proceeded with the full transposition of the 4th European Directive (EU 2015/849) of the European Parliament (4th AML Directive) into domestic law and activated the implementation of the Ultimate Beneficial Owner (UBO) Register of Companies and other legal entities in Cyprus. On 16......

  •   We are looking to recruit a highly motivated, enthusiastic and responsible individual with a positive approach, and excellent communication and interpersonal skills, who should be able to work under pressure and demonstrate responsibility for all given tasks. Main Duties and Responsibilities -Coordinate and oversee......