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  • Discover INTELLECTUAL PROPERTY ( IP ) CYPRUS

    • May 3, 2023
    • Posted by: admin
    • Category: Fiduciary, News, Taxation
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    A Favourable IP Regime Cyprus Intellectual Property “IP” Regime – Main Benefits Cyprus IP Box Regime protects the IP but also offers economic-tax benefits. Tax Benefits An organisation may achieve an effective tax rate of 2.5%.   Cyprus’s IP Regime entails a Tax Benefit which provides for an 80% exemption of income from and gains on the

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  • ΦΟΡΟΛΟΓΙΚΟ ΗΜΕΡΟΛΟΓΙΟ 2023

    • May 2, 2023
    • Posted by: admin
    • Category: News, Taxation
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    Financial Consultants International ( F.C.I.) LTD παρουσιάζει το Φορολογικό Ημερολόγιοως εργαλείο για τον καλύτερο δυνατό προγραμματισμό των φορολογικών υποχρεώσεων εταιρειώνκαι ατόμων για το τρέχον έτος. 31 Ιανουαρίου Υποβολή δήλωσης λογιζόμενης διανομής μερίσματος ΤΦ 623 για το έτος 2020 και πληρωμή ΕΑΕ & εισφορών στο ΓΕΣΥ.   31 Mαρτίου Ηλεκτρονική υποβολή δήλωσης εισοδήματος 2021 από εταιρείες

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  • TAX DIARY 2023

    • January 2, 2023
    • Posted by: admin
    • Category: News
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    Financial Consultants International F.C.I. LTD offers to businesses and individuals, the Tax Calendar as a tool for better planning of the tax obligations for the current year. 31 January Submission of declaration of deemed dividend distribution (TD623) for the year ended 31 December 2020.   31 March Electronic submission of the 2021 corporation tax return

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  • Annual Statutory Obligations for Cyprus Entities 2022

    • February 25, 2022
    • Posted by: Panos
    • Category: Accounting & Finance, News, Taxation
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    Annual Statutory Obligations for Cyprus Entities 2022 Cyprus Companies, Partnerships, Self Employed & Cyprus Branches of Foreign Companies Every Month Book-keeping records are required to be maintained on monthly basis. If Entity is an Employer Payment of tax deducted from employees of the previous month (PAYE). Payment of social insurance and related funds withheld from employees

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  • Cyprus Permanent Residence – Accelerated

    • November 4, 2021
    • Posted by: Panos
    • Category: Immigration, Investments, News
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    A. CRITERIA FOR ACQUISITION OF “PR” IN 90 DAY ON THE BASIS OF REGULATION 6 (2): From the date of submission of the application: Acquiring a house in Cyprus of Minimum Value of 300.000 plus VAT; proof of payment for at least 200.000 transferred from abroad irrespective of delivery date, of the property. Having an

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  • Action Plan for attracting Foreign Companies to Cyprus

    • November 2, 2021
    • Posted by: Panos
    • Category: Immigration, Investments, News, Taxation
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    The Cypriot Ministry of Finance presented this month an Action Plan for attracting companies to operate or expand their activities in Cyprus, aiming to make the island a sustainable business hub. The key points of the presented Action Plan are briefly summarised below: Transformation of the existing Fast Track Business Activation Mechanism into a Business

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  • Cyprus Tax News – August 2021

    • August 11, 2021
    • Posted by: Panos
    • Category: News, Taxation
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    Extension for the submission and settlement of final tax 2020 for companies, employees -pensioners and self-employed. Ιn accordance with the Decrees issued on 30 July 2021, certain tax deadlines are extended as per the below table: Obligation Extended deadline Payment of the first installment of the temporary tax for the year 2021 Payments of Taxes

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  • Cyprus Business News – Commencement of Ultimate Beneficial Owners (UBOs) Register of Companies and Other Legal Entities in Cyprus

    • June 10, 2021
    • Posted by: Panos
    • Category: News
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    We would like to inform you that Cyprus has recently proceeded with the full transposition of the 4th European Directive (EU 2015/849) into domestic law and activated the implementation of the Ultimate Beneficial Owner (UBO) Register of Companies and other legal entities in Cyprus. The Registrar of Companies (RoC) and Official Receiver has been authorized

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  • F.C.I. Ltd Tax News – Amendments to the VAT Law

    • March 12, 2021
    • Posted by: Panos
    • Category: Accounting & Finance, News, Taxation
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    An amendment published in Cyprus’ official Gazette on 20 August 2020 makes the following main changes to the Cyprus VAT law 1.    New definition of legal person (Article 2 of the main Act) The amendment introduces a new definition of “legal person” for purposes of the VAT law, to clarify that the term includes a

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  • Annual Statutory Obligations for Cyprus Entities 2021

    • March 3, 2021
    • Posted by: Panos
    • Category: Accounting & Finance, News, Taxation
    No Comments

    Annual Statutory Obligations for Cyprus Entities 2021 Cyprus Companies, Partnerships, Self Employed & Cyprus Branches of Foreign Companies Every Month Book-keeping records are required to be maintained on monthly basis. If Entity is an Employer Payment of tax deducted from employees of the previous month (PAYE). Payment of social insurance and related funds withheld from employees

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