Cyprus Tax Reform 2025: Key Proposed Changes and Next Steps
On 26 February 2025, the Economics Research Center of the University of Cyprus and the Tax Authorities presented a set of proposed amendments as part
February 26, 2025
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Cyprus Introduces Global Minimum Tax: What Multinational Enterprises Need to Know
In line with global efforts to ensure fair taxation, Cyprus has introduced a new tax framework targeting large multinational and domestic groups. This initiative aligns
December 15, 2024
The End of the UK Non-Domicile Tax Regime: Why Cyprus Is Your Next Best Choice
The UK’s non-domicile (non-dom) tax regime has long been an attractive option for high-net-worth individuals seeking favorable tax treatment. However, with the recent announcement by
November 4, 2024
Important Update: 2024 Mandatory Confirmation of Beneficial Owner Details for Cyprus Companies
As part of ongoing regulatory requirements, the Cyprus Registrar of Companies has recently announced a critical update concerning the confirmation of Ultimate Beneficial Owners (UBO)
September 29, 2024
Do Cyprus Companies need to prepare audited financial statements? A look into which Companies are Exempt from Statutory Audits.
Which Cyprus Private Limited Companies are now Exempt from Statutory Audits? On 9 June 2022, the Cyprus Companies Law Cap 113 was updated to introduce
July 16, 2024
Abolishment of Annual Company Levy Cyprus – Update on refunds
On February 21, 2024, the President of the Republic of Cyprus announced that the Council of Ministers has resolved to abolish the annual levy of
March 21, 2024
Cyprus UBO Register – Important announcement
UBO Register – Important Announcement All companies incorporated or registered under the Cyprus Companies’ Law, Cap 113 must either submit/update Ultimate Beneficial Owner information by
February 28, 2024
Cyprus UBO Register update – Start of Final Solution
Please see below important update from the Institute of Certified Public Accountants of Cyprus in relation to the announcement of the Cyprus Registrar of Companies
November 13, 2023
Update of the EU tax list of non-cooperative jurisdictions
Executive Summary: Belize, Seychelles and Antigua & Barbuda have been added on the EU list of non-cooperative countries. The British Virgin Islands, Costa Rica, and the
October 19, 2023
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