Amendments to Cyprus-San Marino double tax treaty enter into force
Author: ELENA CHRISTODOULOU Law Firm: Elias Neocleous & Co LLC Publisher: International Law Office Practice area: CORPORATE AND COMMERCIAL
Tax Department announces clarification on country-by-country reporting
Author: NATASA POLYVIOU Law Firm: Elias Neocleous & Co LLC Publisher:International Law Office Practice area: CORPORATE AND COMMERCIAL
Maria Kyriacou speaks at Institute of Certified Public Accountants of Cyprus insolvency seminar
Maria Kyriacou, head of our Nicosia office, was one of the principal speakers at a recent seminar organised by the Institute of Certified Public Accountants of Cyprus for its members on the subject “Private Debt and Personal Insolvency”. Maria explained the current legislation on bankruptcy and personal insolvency and the latest developments in rehabilitation schemes […]
Extension of submission deadline for country by country reports
On 18 December 2018 the Cyprus Tax Department announced that the submission deadline for country by country reports for the year ended 31 December 2017 has been extended, from 31 December 2018 to 31 January 2019. For further information please contact Constantinos Christofi or your usual contact at Elias Neocleous & Co LLC.
Streamlining of company forms and procedures
A number of company forms and procedures, including those related to the transfer of seat of companies to and from Cyprus, have been revised and updated in accordance with the Companies (Fees and Rights) (Amendment) Regulations of 2018. In addition, the capital duty of 0.6% which was previously payable on the authorised share capital of […]
Tax on corporate transactions in Cyprus: overview
Author: ELIAS NEOCLEOUS, ELENA CHRISTODOULOU Law Firm: Elias Neocleous & Co LLC Publisher:International Law Office Practice area: CORPORATE AND COMMERCIAL
Strengthening of our presence in Western Europe
We are delighted to announce that we have strengthened our presence in Western Europe with the acquisition of Jurispectrum, a niche business law firm which operates in Belgium and Luxembourg. From the beginning of the new year, our expanded Brussels office will be headed by the experienced EU Law attorney Nikos Korogiannakis. Nikos, a member […]
New tax exemptions and allowances for the film and audio-visual production industry
In September 2017 the Cyprus government approved an initiative to encourage the development of the film and audio-visual production industry in Cyprus by means of grants, tax incentives and other assistance. Law 139(I) of 2018, which took effect on 11 December 2018, amends the Income Tax Law to provide tax exemption of income from production […]
The proposed EU directive on business insolvency: the European Council agrees its position
In 2016 the European Commission published a proposal for a directive on business insolvency, which aims to provide effective restructuring tools to rescue viable businesses in distress, give bona fide bankrupt entrepreneurs a second chance and increase the efficiency of insolvency, restructuring and debt relief procedures, so as to reduce barriers to the free flow […]
Entry Into Force Of The New Double Taxation Agreement Between Cyprus And The United Kingdom
[gdlr_row] [gdlr_column size=”1/4″] [/gdlr_column] [gdlr_column size=”3/4″] Oct. 16, 2018 Author: CONSTANTINOS CHRISTOFI Law Firm: Elias Neocleous & Co LLC Publisher: Global Tax Weekly Practice area: CORPORATE AND COMMERCIAL [/gdlr_column] [/gdlr_row]
