We would like to remind you that all companies incorporated or registered under the Companies Law, Cap. 113, all European Public Limited Companies (SEs), and all Partnerships (hereinafter referred to as "Organizations"), are required to access the Beneficial Ownership Resister (BOR) system between  1st October 2025 and 31st December 2025 , in order to proceed with the confirmation of the details of their Beneficial Owners (BOs) or Senior Management Officials (SMOs) or to appl

The Tax Department informs that, as of Friday, 22 August 2025 , with the reactivation of the TFA system, the submission of the TD7 Declaration and payment of Withheld Tax & Contributions will be done exclusively through TFA. Annual TD7 Declaration (Year 2024) Submission Deadline → 31-12-2025 Not Required  the Tax Identification Number (TIN) for each employee. Monthly TD7 Declarations (Year 2025) Submission of all monthly TD7 Declarations for 2025 is mandatory , starting from

We would like to remind you that all companies incorporated or registered under the Companies Law, Cap. 113, all European Public Limited...

The Cyprus Tax Department has announced that, within the first six months of 2025, the submission of the Employer’s Tax Declarations...

Based on the new Decree published by the Minister of Labour and Social Insurance on 28 February 2025, the deadline for the Employer's...

Further to the New Decree according to which the Employer is obligated to register the Essential Terms of Employment of all their...

On 06/12/2024 the Department of the Registrar of Companies and Intellectual Property published the Prevention and Suppression of Money...

We inform you that the Minister of Labour & Social Insurance has issued a new Decree published in the Official Gazette of the Republic on...

On the 15th of November 2024 the House of Representatives, in an effort to combat undeclared employment, passed and announced stricter...

2024 Temporary tax second instalment and Stock take reminder Temporary Tax 2024 Companies that expect to have taxable income for the year...

It has been announced by the Ministry of Finance that from October 2024 the electricity subsidy and the 0% VAT which was previously...

The Department of Registrar of Companies has announced that the Beneficial Ownership Register system will be open from 1st October 2024...

The Tax Department announces that, based on a Decree of the Council of Ministers dated 21st June 2024, 2023 (ΚΔΠ 209/2024), the...

Companies that expect to have taxable income for the year 2024 must pay the first instalment of the temporary (provisional) tax by the...

Cyprus May 2024 – The Tax Department announced that the submission of the Individual Income Return for 2023 through the TaxisNet...

An electronic service launched by the Ministry of Finance to contribute to the partial replenishment of losses incurred in 2013 by...

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...