Get the Cyprus Tax Residency by staying in Cyprus only 60 days

On 14th July 2017, the House of Representatives voted into law the revised criteria for determining the tax residency of individuals in Cyprus.

Published on Tuesday 1st August 2017

New tax law for settlement of overdue taxes

As published in the official Gazette on 3rd February 2017, the Cyprus Parliament approved a new Law which provides a scheme that regulates the settlement of overdue taxes.

Published on Friday 10th February 2017

New tax incentives granted for investment in innovative SMEs

The Cyprus’ House of Representatives approved the introduction of revised tax incentives for investment in innovative businesses.

Published on Monday 30th January 2017

Electronic submission of VAT returns becomes compulsory from 2nd of May 2017

All VAT registered companies and individuals that the electronic (online) submission of VAT returns will become compulsory as of 2nd of May 2017.

Published on Friday 30th December 2016

Reductions in Immovable Property Taxes for 2016 and abolishment from 2017 onwards

On 14 July 2016, the plenary of the House of Representatives in Cyprus voted for reductions in IPT for the year 2016 and its abolishment from the year 2017 onwards.

Published on Friday 22nd July 2016

Extension of employment income tax exemptions (20% and 50%)

On 10 December 2015, the House of Representatives has voted for extension in the periods available for exemptions for individuals taking up employment in Cyprus, who were previously residents outside Cyprus.

Published on Wednesday 30th December 2015

Recent Tax Reform In The Immovable Property Tax Law

The House of Representatives has recently voted for the following amendments in the Immovable Property Tax Law

Published on Tuesday 1st September 2015

Recent Amendments To The Cyprus Tax Legislation

In an attempt to enhance the Cyprus Tax System and attract new foreign direct investments, the Cyprus House of Representatives has recently voted (July 2015) new tax laws and amendments.

Published on Saturday 1st August 2015

Cyprus Casino

On the 9th of July the House of Representatives in Cyprus has approved the bill which provides for the development, operation and supervision of the Casino Resort.

Published on Tuesday 21st July 2015

 
 
 
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