How to pay Cyprus Annual Company Levy
Every Cyprus Company, registered in the Registrar of Companies, must pay to the Cyprus Government an annual fee of three hundred and fifty euros (€350)
May 21, 2023
Category: Regulatory Updates
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A complete guide to the Cyprus Annual Company Return (HE32) and Financial Statements filing requirements
Every Cyprus incorporated Company to be considered in Good Standing, needs to submit its Annual Company Return (HE32) accompanied by Audited Financial Statements. In this
May 4, 2023
EU blacklists Russia, BVI and others for tax purposes
EU has updated its list of blacklisted jurisdictions on the 14th of February 2023 with the most notable additions being Russia, BVI and Marshall Islands.
February 17, 2023
Cyprus introduces withholding tax on dividends paid to blacklisted countries
Key Takeaway: From 31/12/2022 withholding tax of 17% will be imposed on Cyprus Companies paying dividends to companies resident in EU blacklisted countries. A law
January 6, 2023
Cyprus Company Tax Residency – Incorporation Rule
Key Takeaway: As from 31/12/2022, every Cyprus Company upon incorporation will be considered Cyprus Tax Resident by default, unless the said Company is tax resident
January 5, 2023
Changes to Social Insurance Contributions from 2023
Cyprus Social Insurance Authorities have announced on Friday changes to the social insurance contributions starting from 1 January 2023. According to the Social Insurance Laws
December 16, 2022
Immigration & Work Permits in Cyprus – Important update
On 30/11/2022, the Council of Ministers approved the Amendment of the Policy for the Registration of Companies in the Register of Foreign Interest Companies. The
December 8, 2022
Significant Amendments to the BVI Business Companies Act & Financial Returns – Registrar Announcement
The BVI Business Companies Act & The BVI Business Companies Regulations Receive Significant Updates Below you can find the official announcement from the BVI Financial
December 3, 2022
Do Cyprus Companies need to prepare audited financial statements? Law update with the introduction of review engagements.
Further to recent amendments to the Cyprus Companies Law Cap 113 regarding the financial reporting obligations of Cyprus Companies which meet the criteria listed below,
December 1, 2022
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