2022 NEW SUBSIDY PROGRAMS FOR CYPRUS COMPANIES & FAMILIES

INTRO

2022 will be yet another year of EU / Cyprus financial aid programs to local businesses and families. We list below the programs that have been announced but not 'opened yet" for your information. If you would like us to assist you in applying for any of the below simply drop us an email at kt@cyprusaccountants.com.cy and / or call us + 357 22 336 321.

2022 EU/ CYPRUS PROGRAMS FOR CYPRUS BUSINESSES AND FAMILIES

1.PRODUCTION AND AGRICULTURE BUSINESSES

• Expected open date: 24.02.2022 with budget of Euro 25 million
• Read the press release (Greek language)
• Read the guid (Greek language)

2.  CYPRUS BUSINESSES OF ALL SIZES

• Energy transformation (Expected to go live: 03.2022, budget Euro 40 million)

• Digital transformation  (Expected to go live: 05.2022, budget Euro 10 - 20 million)

• Circular economy (Expected to go live: end of 2022, budget Euro 13,3 million)

3. LARGE CYPRUS COMPANIES​

• Production industry  (Expected to go live: 03.2022, budget Euro 40 million)

4. SMALL CYPRUS COMPANIES

• Subsidy for the receipt of advisory services (Expected to go live: 09.2022, budget Euro 5 million)

5. PHYSICAL PERSONS (housing repairs, purchase of electrical equipment, etc)

• Photovoltaic installations
• Roofing thermal installation
• Photovoltaic installation for charge of electric vehicle
• Energy efficient housing

More to be announced in the coming months, stay tuned!

Visit our webite section which is dedicated for funidng programs here

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CYAUSE Audit Services
We are truly an A to Z stop for local and international companies operating in Cyprus and the rest of the world. 

From back-office support, to Accounting, Payroll, Audit, Tax and Funding Engagements, CYAUSE Audit Services Ltd offers continuous high-level services to its International and Local clients. Our focus is not merely to keep your accounting records in shape and up to date at all times but rather to assist you prospect and grow together. This has always been our mission. 

This is why over the last few years we gained the expertise on local government subsidies, EU grants and EU subsidies, to assist tour clients even further.

From the Far East to Central Europe CYAUSE Audit Services has clients from every corner of the world and specialises in the provisions of 100% support to international interest engagements and the Creation of any Company and Bank Account Anywhere in the World.

Our membership with ACCACE (European Network) and 3E International (Asian Network) ensures that we are wired and closely connecting in all jurisdictions getting the latest corporate news and tax developments ensuring our tax planning is accurate and validated before finalisation. These memberships also ensure that we have fast access to accurate information needed by our clients.

CYAUSE Audit Services is an Audit & Assurance firm with offices in Nicosia and Limassol in Cyprus. During 2015 we have been awarded by local regulator I.C.P.A.C and the A.C.C.A (local and international association of Chartered Certified Accountants) for the Quality of our Audit Services and our Office Procedures.

Over the last years we have also been brave enough to create our own YouTube Channel which provides Explanatory Videos on Corporate Cyprus something of great value especially for overseas prospects considering relocating or setting up Cyprus Companies. 

Amongst others we cover the following tutorials in video form:

• Cyprus Taxation
• How to Set up a Cyprus Company
• Cyprus Tax Tips
• Business Advice
• Tax Advice
• Interviews with Businesses and many more.

Our website www.cyprusaccountants.com.cy also provides a plethora of tax information about various jurisdictions as well as Cyprus Tax Calculators and Access to our Articles which you can use at your own time.

If you would like us to assist you applying for funding or any other related matter, contact us at:

• kt@cyprusaccountants.com.cy
• +357 99 428 543.

Thank you,

Kyriakos Tramountanellis