Cyprus Tax Trends - What is attractive for overseas companies right now (overview) Cyprus Tax Trends - What is attractive for overseas companies right now (overview) Anonym / Sunday, October 3, 2021 0 56 Article rating: No rating We summarise below the profiles of the latest companies which relocate to Cyprus with the associated benefits Read more
PROSPECT CLIENT ENQUIRIES - Needs assistance with UK Company and Xero migration PROSPECT CLIENT ENQUIRIES - Needs assistance with UK Company and Xero migration Anonym / Friday, October 1, 2021 0 90 Article rating: No rating Dear Sir or Madam, Read more
Young Entrepreneurship Funding Program - Up to 70% subsidy for new businesses Young Entrepreneurship Funding Program - Up to 70% subsidy for new businesses Anonym / Thursday, September 30, 2021 0 57 Article rating: No rating Young Entrepreneurship Funding Program Up to 70% Subsidy on Costs Read more
Are you letting your villa in Cyprus? What about VAT! Are you declaring your sales via the Cyprus VAT system? If not then this article is for you. Are you letting your villa in Cyprus? What about VAT! Are you declaring your sales via the Cyprus VAT system? If not then this article is for you. Anonym / Thursday, September 23, 2021 0 51 Article rating: No rating All Cyprus property owners who let their villas and exceed the VAT threshold of Euro 15,600 must be VAT registered and start charging VAT. The applicable VAT rate is usually 9% however this must be confirmed by your accountant vat expert as the entire arrangement with the property management company must also be examined before determining the correct applicable VAT rates. Read more
Transfer Pricing Country Profiles by the OECD - Last updated: 3 August 2021 Transfer Pricing Country Profiles by the OECD - Last updated: 3 August 2021 Anonym / Sunday, August 22, 2021 0 62 Article rating: No rating Read the information from OECD directly by clicking this link Read more
Clarifications about sanctioned persons and Cyprus response to persons from Russia and Belarus Share Written By CYAUSE LTD Tags Cyprus response sanctionsCyprus sanctionsembarcoFAQsqueriesrussiasanctionssanctionscomplianceukraineukraine and russian 2022-04-19 Just released by our regulator, ICPAK Extract The Institute of Certified Public Accountants of Cyprus with the current Circular presents its members with a number of clarifications on derogations and common questions in relation to the EU Sanctions imposed against Russia and Belarus. The clarifications have been obtained through the Q&A provided by the European Commission as well as responses obtained through the specialized working group established by the government to deal with the coordination and the process of implementation of the financial sanctions. The questions are listed below with the answers as provided by the working group: Q1: Based on European Commission Opinion of 29/8/2019, the provision of services to sanctioned persons/entities could be allowed provided that the service is strictly limited to what is absolutely necessary for the person to continue to exist and strictly limited to essential activities without which the person would not be able to function legally. Could it be inferred that the provision of audit services to sanctioned persons is allowed, especially considering the fact that the Cyprus’s Companies Law does not provide for any exemptions to the statutory audit, requiring that all companies, irrespective of size, undergo a statutory audit? Click the link for the FAQs