Republic of Cyprus abolishes requirement for annual levy contribution by companies

The Companies Act in the Republic of Cyprus has been amended to terminate the annual levy obligation on companies from the year 2024 onwards.

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Cyprus Tax Updates: Extension of Company Income Tax Return (TD4) submission for the year 2022 for taxpayers with related party transactions

Updates: Company Income Tax Return (TD4) 2022 for taxpayers with related party transactions - Materiality thresholds for the preparation of the Cyprus Local File

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Job Opportunity: Senior Accountant

We are hiring! Apply to join our team as a Senior Accountant!

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UBO Register in the Republic of Cyprus: Final deadline extended

The Department of Registrar of Companies and IP (DRCIP) has announced an extension to the filing of beneficial ownership particulars onto the Final Solution of the UBO Register for all companies and other legal entities until 31 March 2024.

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Intellectual Property (IP) in the EU: EUIPO’s SME Fund 2023 in numbers

The most popular IP services requested: Trade Marks & Designs (33,023 applications), IP Scan (2,250), Patents (2,130), Plant Varieties (190).

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UBO Register in the Republic of Cyprus: Deadline extended for Interim Solution-compliant companies

Further to our recent newsletter article entitled UBO Register in the Republic of Cyprus: Implementation of Final Solution the DRCIP has released an extension to the filing of beneficial ownership particulars onto the Final Solution of the UBO Register until 29 February 2024 for Interim Solution-compliant companies.

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Prepare your business’ budget for 2024: Increase in Social Insurance contributions (Cyprus)

In preparing your Cypriot business’ budget for 2024, account needs to be taken for increases in Social Insurance contributions effective 1 January 2024.

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UBO Register in the Republic of Cyprus: Implementation of Final Solution

The Department of Registrar of Companies and Intellectual Property (DRCIP) of the Republic of Cyprus has announced that the implementation of the Final Solution of the Ultimate Beneficial Ownership (UBO) Register will commence tomorrow, 14 November 2023. The UBO Register Final Solution will be implemented in 3 stages.

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UBO Register in the Republic of Cyprus: Registrar of Companies Imposes Deadline for Compliance & Updates on Final Solution

The Department of Registrar of Companies and Intellectual Property (DRCIP) of the Republic of Cyprus has issued an important announcement relating to the Ultimate Beneficial Ownership (UBO) Register in terms of the final deadline for compliance, as well as the implementation of the Final Solution, which will run on a permanent basis.

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