Increasing of Income Tax in Cyprus

Increasing of Income Tax in Cyprus

Recent publication from stockwatch.com.cy would like for the minister of finance proposing an increase in the income tax applicable to Cyprus Companies. The proposed increase will see the income tax applicable to companies raised from 12.5% to 15%. The proposal to...
Use of Cookies by Websites

Use of Cookies by Websites

Before relying on anything in this Blog please read the disclaimer The Commissioner of Data Protection in Cyprus has announced on the 30th of July 2019 that it received numerous complaints. The subject of the complaints relates to the use of cookies without consent...
CySEC Powers Increased

CySEC Powers Increased

Before relying on anything in this Blog please read the disclaimer With an announcement of 31st of July 2019 the Cyprus Securities and Exchange Commission (“CySEC”) informed the public that it published the latest consolidated law regarding the structure,...
Public consultation – ATAD Cyprus

Public consultation – ATAD Cyprus

Before relying on anything in this Blog please read the disclaimer On the 28th of January 2016, the Commission presented its proposal for the Anti-Tax Avoidance Directive (ATAD I) and the same was adopted on the 20th of June 2016. On the 19th of July 2019, the Cyprus...
Company Strike Off in Cyprus

Company Strike Off in Cyprus

Before relying on anything in this Blog please read the disclaimer Always my first response to a company strike off in Cyprus is to avoid this method. The reasons for that can be better understood by considering the most recent Limassol District Court case regarding...