How to open a company in Cyprus Establishing a virtual office Establishing a virtual office is suitable for small companies. This might be the right way for you if you need to fulfill substance company requirements in Cyprus but don’t have a large budget to spend. They can be in compliance while reducing their costs. […]
Second provisional tax instalment for 2022 We would like to remind you that the 31st of December 2022 is the submission deadline for a revised (where needed) provisional tax calculation for 2022 and the payment deadline for the second provisional tax instalment for 2022. Provisional tax payment obligation The following should re-consider whether they should […]
NEW ADDITIONS TO THE EU LIST OF NON-COOPERATIVE JURISDICTIONS FOR TAX PURPOSES On 14 February 2023 the EU decided to add four more countries to the EU list of non-cooperative jurisdictions for tax purposes. The goal is to promote fair tax competition and deal with harmful tax practices. These countries are: British Virgin Islands, Marshall […]
As of November 23, 2022 the access to the Register of Beneficial Owners for the general public is suspended according to the Judgement of the Court of Justice of the European Union (CJEE). Following the above-mentioned Judgement of the CJEE, Article 1, point 15(c) of Directive (EU) 2018/843 of the European Parliament and the Council, […]
Cyprus Tax Facts 2020 Cyprus is a great choice for doing business. A stable economy, good tax climate and EU membership make Cyprus very attractive for foreign businessmen. You can find more information about company incorporation in Cyprus in the section Company Registration in Cyprus Let’s look at the benefits of entrepreneurship in Cyprus: simple […]
Nicosia was recognized as the best European city of the future for human capital and lifestyle. Nicosia has been included in the “Top 10 Small European Cities of the Future by Future by FDI Strategy”. This is a clear achievement of the investments attracted to the city. Total list covers 505 settlements, 319 cities and […]
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