Feb 27, 2025 | News
The Economics Research Centre of the University of Cyprus has provided its tax reform proposal that is to go through the Ministry of Finance and the Council of Ministers before it undergoes the vote of the House of Representatives and take effect as of 2026. The newly...
Jan 7, 2025 | News
January 7th, 2025, The Republic of Cyprus has transposed into national law the Pillar Two Directive, namely EU Directive 2022/2523 of December 14th, 2022, according to which a 15% minimum effective tax rate is imposed on multinational enterprises (ΜΝΕ) groups and...
Dec 21, 2024 | News
December 21st, 2024, To reduce packaging waste, the Council of the EU formally adopted the Packaging and Packaging Waste Regulation (PPWR), which relates to all forms of packaging and/or material used and whether it is produced by industry or households and is set to...
Nov 22, 2024 | News
November 22nd, 2024 According to a decree No.384/2024 published in the official gazette of the Republic on November 15th 2024, and issued by the Council of Ministers under the Assessment and Collection of Taxes Law, natural persons with total gross annual income below...
May 23, 2024 | News
May 23rd, 2024 Further to the fact that the legislation maintains the necessity for standard applicants to naturalisation to be of good character, to be self-sufficient financially, to have the intention to stay in the Republic, and to have a certificate of basic...
Mar 11, 2024 | News
March 11th, 2024 Belize, the Seychelles, Bahamas, and the Turks and Caicos Islands have been removed from the list of non-cooperative tax jurisdictions of the European Union. This update took place on February 26th, 2024, with the Seychelles and the Turks and Caicos...
