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Posted in News for Cyprus
Covid – 19 Update: Extension of Support Schemes & Revised Measures in Cyprus
On the 8 April 2020, the President of the Republic of Cyprus during his speech addressed to the people of Cyprus declared some extensions to the already announced measures that the Republic is implementing in…
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Posted in News for Cyprus, News for Greece, TAX SERVICES
Article: Commission waives customs duties and VAT on the import of medical equipment
The European Commission has published a decision helping Member States affected by the coronavirus pandemic to temporarily suspend customs duties and VAT on protective equipment, testing kits or medical devices…
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Posted in News for Cyprus
Cyprus & Covid 19 Measures: Further updates issued by the Ministry of Labour and Social Insurance
On the 3 April 2020, the Minister of Labour and Social Insurance (“MLSI”) announced important changes based on the guidelines and measures previously issued in relation to the Support Schemes for employees, businesses and employers.
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Posted in News for Cyprus
Covid – 19: Cyprus’ legislative enactments
On the 27 March 2020 and 29 March 2020 respectively, the House of Representatives approved a bundle of bills for boosting of the economy in an attempt to endure the fallout from the pandemic crisis.
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Posted in News for Cyprus
Cyprus: Registrar of Companies Announcement
In the context of the measures taken by the government to support companies / businesses affected by the restrictive measures imposed to limit the spread of coronavirus, the Department of Registrar of Companies announces…
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Posted in News for Cyprus, News for Greece
Coronavirus and personal data: Guidance issued by data protection authorities
This Flash News is about the guidance issued by several national data protection authorities in Europe addressing data protection issues related among others to employment in the context of containing the spread of COVID-19
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Posted in News for Cyprus, News for Greece
Cyprus Tax News: European Union Black List Update
The European Union has added the Cayman Islands, Panama, the Seychelles as well as Palau to its blacklist of ‘non-cooperative jurisdictions for tax purposes’.
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Posted in News for Cyprus
Cyprus Tax News: Refunds on GHS
The Health Insurance Organization (HIO) has issued instructions regarding the refund process for contributions paid in excess of the maximum amount on which contributions were due.
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Posted in News for Cyprus
Cyprus Tax News: Multilateral Instrument ratified
The Instrument of Ratification of the Multilateral Convention to Implement Tax Treaty Related Matters to Prevent Base Erosion and Profit Shifting (more widely known as the Multilateral Instrument) was published on 22 January 2020…
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Posted in News for Cyprus
Cyprus Tax News: Relief on interest and penalties
The Cyprus House of Representatives has passed a new Law earlier this month that provides significant reliefs (from 50% up to 95%) on interest and penalties on overdue taxes…