ELSAVCO: Becoming a Cyprus Tax Resident - Everything you need to know
Cyprus has a favourable tax system and clear legislation, which contributes to the country's position as a competitive international...
- Jul 8
- 3 min
New Cyprus Transfer Pricing Requirements
On 30 June 2022, the Cyprus Parliament voted into law the long-anticipated amendments to the Income Tax Law relating to Transfer Pricing...
61 views
- Apr 7
- 3 min
ELSAVCO: How to Choose the Right Accounting Firm for Your Business
Deciding to look for an accounting firm is a crucial step for any growing business. Still, you need to ensure that your financial...
11 views
- Mar 28
- 3 min
ELSAVCO: Management And Control Taxation Of Cyprus Companies
New amendments will come into practice in December 2022 as the Cypriot House of Representatives approved bills that amend the Tax...
10 views
- Mar 28
- 3 min
ELSAVCO: Audit & Assurance Services in Cyprus
Every company registered in Cyprus is required to submit its audited annual accounts to the Registrar of Companies. The Financial...
67 views
- Jan 13
- 3 min
ELSAVCO: Accounting and Bookkeeping Services in Cyprus
Do you know what are the key obligations and responsibilities of companies, partnerships, or freelancers with income in the Republic of...
179 views
- Jan 11
- 2 min
2022 TAX CALENDAR
31 January 2022 Declaration and submission of deemed dividend distribution for the tax year 2019 DAC6 reporting (reportable cross border...
29 views
- Jan 5
- 3 min
The Cyprus registry of Ultimate Beneficial Owners (UBO register)
In early 2021, the Cyprus government transposed the 5th AML EU directive into Cyprus legislation, part of which was the obligation for...
119 views
- Dec 13, 2021
- 3 min
ELSAVCO: 6+1 Things You Need To Know About DAC6 in Cyprus
The Cyprus Tax Authority issued an announcement on November 22nd, 2021, extending the deadline for submitting the DAC6 reports without...
13 views
- Jul 23, 2021
- 6 min
DAC 6
DAC 6 What is DAC6? DAC6 refers to the 6th modification of the EU Directive on Administrative Cooperation (DAC) relating to the mandatory...
48 views
- Jan 7, 2021
- 2 min
2021 Tax Calendar
31 January 2021 · Declaration and submission of deemed dividend distribution for the tax year 2018 · DAC6 reporting for reportable cross...
34 views
- Jun 5, 2020
- 2 min
Tax credit on reduction of rent as a result of COVID 19
On the 3rd of June 2020, the Cyprus Tax Department issued a circular clarifying new article 9E of the Income Tax Law relating to the tax...
21 views
- Apr 8, 2020
- 2 min
Anticipated changes to the Cyprus – Russia double tax treaty
On the 25th of March 2020, the Russian president Mr. Vladimir Putin, announced the support measures to be provided to tackle the impact...
59 views
- Apr 7, 2020
- 2 min
Cyprus – Measures to minimize the impact of COVID-19 on companies
As a result of the COVID-19 pandemic, the Cyprus Government announced, among others, a number of measures to help tackle the impact on...
10 views
- Jan 23, 2020
- 2 min
2020 Tax Calendar
31 January 2020 · Declaration and submission of deemed dividend distribution for the tax year 2017 31 March 2020 · Electronic submission...
46 views
- Dec 18, 2019
- 4 min
The 5th AML Directive - Expected changes to local legislation
As the end of 2019 is fast approaching, we are also reaching the important deadline of the 10th of January 2020 for the transposition of...
65 views
- Dec 5, 2019
- 2 min
Cyprus Temporary Tax - 2021
As per the Assessment and Collection of Taxes Law, Cyprus tax resident companies have the obligation to calculate their expected taxable...
290 views
- Mar 5, 2019
- 7 min
Кипр - Россия - мириться или “разводиться”? RU
Отношения между Кипром и Россией хорошо известны. В течение многих лет российские граждане регистрировали и поддерживали свой бизнес на...
451 views
- Mar 1, 2019
- 8 min
Cyprus - Russia: Make up or break up? EN
The relationship between Cyprus and Russia is well known. For many years, Russian individuals have registered and maintained their...
66 views
- Feb 14, 2019
- 2 min
2019 Tax Calendar
31 January 2019 · Declaration and submission of deemed dividend distribution for the tax year 2016 30 April 2019 · Payment of 1st...
45 views