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  • Discover Cyprus Residency Opportunities through Investment

    • April 21, 2024
    • Posted by: admin
    • Category: Immigration, Investments, News
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    Embark on your Cyprus residency journey with our exceptional Cyprus residency by investment program. This unique opportunity offers successful applicants and their families the chance to obtain Cyprus permanent residency within just one year of approval, paving the way for future citizenship eligibility after five years of residency. Experience the Freedom of Cyprus Residency: Our

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  • TAX DIARY 2024

    • April 17, 2024
    • Posted by: Office
    • Category: News
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      If you’re a Cyprus-based company or individual seeking Tax Advisory Services, look no further. Contact us today to receive your 2024 Tax Calendar and ensure you never miss a tax deadline. Our extensive expertise in local and international business and finance, coupled with our deep understanding of legal and tax regulations, forms the foundation

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  • Introducing the EU Blue Card Your Gateway to Highly Skilled Work in Cyprus

    • April 17, 2024
    • Posted by: Office
    • Category: Immigration, Investments, News, Taxation
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    Embark on on a new chapter of your career journey with the EU Blue Card, Cyprus’ latest residency permit tailored for highly skilled workers from third countries. Approved by the Council of Ministers on January 17, 2024, this ground-breaking initiative opens doors to qualifies non-EU foreign nationals seeking employment opportunities in Cyprus. What is the

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  • Έναρξη Λειτουργίας της Tελικής Lύσης του Ηλεκτρονικού Συστήματος του Μητρώου Πραγματικών Δικαιούχων (UBO Register) για Εταιρείες και άλλες νομικές οντότητες

    • November 28, 2023
    • Posted by: Office
    • Category: News
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    Το τμήμα Εφόρου Εταιρειών και Διανοητικής Ιδιοκτησίας (ΤΕΕΔΙ) σε συνέχεια της ανακοίνωσής του με θέμα «Ειδοποίηση για καταχώριση στοιχείων πραγματικών δικαιούχων (ΠΔ) στο Μητρώο Πραγματικών Δικαιούχων (ΜΠΔ) και επιβολή προστίμων» ημερομηνίας 01/09/2023, ενημερώνει την έναρξη της εφαρμογής της τελικής λύσης του ηλεκτρονικού συστήματος του ΜΠΔ από τις 14 Νοεμβρίου 2023. Στον σύνδεσμο https://ubo.meci.gov.cy/ μπορούν να ενωθούν όσοι είναι

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  • Updates of Protection of Wages Law

    • November 12, 2023
    • Posted by: Office
    • Category: News, payroll
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    The Protection of Wages Law of 2007 (the “Law”), as amended in 2022, which is in force as of April 16, 2023, covers the following areas: It defines the permissible methods of payment of salaries, and the obligation to issue a certificate of remuneration (payslips) and It enhances transparency and predictability of conditions of employment.

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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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  • 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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  • 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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  • 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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