Payroll Alert
Increase of social insurance fund contribution rates effective 1st January 2024 In accordance with the Cyprus Social Insurance Law of 59(I)/2010, as amended, the contribution rates to the Social
Payroll Alert
PAYROLL ALERT Wages: Accepted methods for payment The Protection of Wages Law of 2007 (the “Law”), as amended in 2022, specifies the permissible methods for payment of wages, which
Deemed dividend distribution due end of 2023
Deemed dividend distribution due end of 2023 Cyprus tax resident companies must declare at least 70% of their 2021 accounting profits by 31 December 2023 and pay the
CYPRUS TAX SYSTEM – JANUARY 2022
CYPRUS TAX SYSTEM 2022Read our article about Cyprus as an international business center, where we outline the major advantages of using Cyprus as an International Business, such as:Corporate tax rate
Beneficial Owner Register
Beneficial Owner Register 1) The Legal Framework On 20 May 2015, the European Council issued Directive (EU) 2015/849 (the "4th Anti-Money Laundering Directive"). The 4th Anti-Money Laundering Directive
TAX INFORMATION 1/2021
TAX INFORMATION 1/2021 Directive on Administrative Cooperation 6 (DAC6) DAC6 refers to the mandatory automatic exchange of information on potentially aggressive tax planning, cross border arrangements. It is