by Corpera Ltd | Feb 18, 2021 | News
Cyprus strikes a deal on Double Tax Treaty with Russian Government The Republic of Cyprus and Russia had entered into a Double Tax Treaty (DTT) in 1998 in a joint effort to avoid the double taxing of income and capital generated in Cyprus, in order to promote the...
by Corpera Ltd | Feb 18, 2021 | News
The Cyprus Tax Department released on 23 December 2019 the Interpretative Circular 240 (VAT Tax), referring to the registration, in the VAT Registry, of Cypriot companies which operate in the business sector of leasing pleasure yachts (recreational boats) in...
by Corpera Ltd | Mar 19, 2020 | Blog, News, Uncategorized
Extension of the deadline for the submission of VAT returns until 30/04/2020 (applicable for businesses with turnover of less than €1 million in the preceding 12 months);Extension of the deadline for the payment of VAT due (applicable for businesses with turnover of...
by Corpera Ltd | Jan 18, 2020 | News, Uncategorized
Following the latest amendment of the Immigration Law, Cap. 105, which took place on the 6.12.2019, the Cyprus Migration Department has made some changes regarding the regulation for bank guarantees for work permits and based on the new regulation, the requirement for...
by Corpera Ltd | Aug 27, 2019 | Blog, News
Cyprus has become an attractive option for companies and individuals. Advantageous tax incentives exist and Cyprus is popular as both a corporate and residential location, offering a sound infrastructure, and also enviable weather. Benefits Enjoyed by Tax...
by Corpera Ltd | Jul 8, 2019 | News, Uncategorized
Here below we can find some points of the deductible expenses (excluded expenses) from the calculated income tax of a Cyprus company. Cyprus corporate income tax.Cyprus tax resident companies are taxed on their income arising from sources either within or outside of...
