Shipping Companies in Cyprus and abroad No tax is payable on the profits from the operation of a vessel registered in Cyprus or on the...

Information about Insurance Companies Life business losses can be offset against profits of the general business Losses of the life...

The pension income of any individual residing in the Republic, which arises from services rendered abroad, is taxed at: a rate of 5% for...

The gross income arising from intellectual property rights, other exploitation rights, compensations, or other similar income arising...

Firm Royalties, incentives, and opportunities The gross income derived by a non-resident person in respect of royalties arising from film...

Full capital gains tax exemption on capital gains, except on sale of immovable property situated in Cyprus Capital Gains Tax is imposed...

In Cyprus, Immovable Property Tax is payable on 30 September each year It is imposed on the market value of the property as of 1 January...

As from 2011 an annual levy of €350 payable to the Registrar of companies is introduced for all companies incorporated in Cyprus For...

The law in Cyprus governing companies is the Companies Law, Chapter 113 of the Statute Laws of Cyprus, which is based on the Companies...

Cyprus became an independent Republic in 1960 The Cyprus government structure is modeled on western democracies in which the individual’s...

Cyprus ranks among the leading four countries in the world as to the proportion of university graduates to the population A great number...

Cyprus’ economy is based on a free enterprise system. The Government’s role has been limited to the regulation, indicative planning, and...

Types of Cyprus Entities The principal forms and Types of Cyprus Entities and businesses are: Cyprus limited companies Branches of...

Cyprus, an island made for Business The island’s excellent infrastructure, English-based legal system, high quality of life, and low cost...

The late submission fees for the Annual Returns has been set at €150 (previous fines were set €500) following the decision of the House...

Following the migration to the «TFA» system, the Employer’s return form (TD 7) from 2024 onwards will be submitted on the «TFA» platform...

We would like to remind you that during the period from 1st of December to 31st of December of each calendar year, all legal entities...