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Reference rates for Notional Interest Deduction for 2017
Article 9(B) of the Income Tax Law of 2002 as amended provides for a notional interest deduction for tax purposes on new equity capital (paid-up share capital and share premium) injected into companies and permanent establishments of foreign companies on or after 1 January 2015 to finance business assets, calculated by applying a reference rate […]
Reporting changes at administrative service providers
In November 2016 the Cyprus Securities and Exchange Commission (CySEC) issued a circular (C166 dated 4 November 2016) to administrative services providers it regulates informing them of their obligations to notify CySEC of changes in their circumstances and personnel, under articles 7, 8, 9, 13 and 25 of the Law Regulating Companies Providing Administrative Services […]