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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Job Opportunity: Office Administrator

We are hiring! Applications for Office Administrators / Secretaries are now open - email us with your CV to [email protected] today.

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Job Opportunity: Accountant

We are hiring! Applications for Accountants are now open - email us with your CV to [email protected] today.

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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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Intellectual Property (IP) Funding: Are you a Ukrainian SME? Your business may qualify for EUIPO’s SME Fund 2023!

Ukrainian businesses that qualify as small and medium-sized enterprises (SME) now have a remarkable opportunity to benefit from the Ideas Powered for Business SME Fund 2023.

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Cyprus Tax Updates: Submission of Personal Income Tax Returns (TD1)

The Tax Department of the Republic of Cyprus has announced that the submission of the Personal Income Tax Return (TD1) form for the tax year 2022 has commenced through TaxisNet.

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EU Data Protection Update: European Commission adopts Adequacy Decision for the EU-US Data Privacy Framework

On 10 July 2023, the European Commission has adopted a new Adequacy Decision for the EU-US Data Privacy Framework. This important legal development in the sphere of the EU General Data Protection Regulation (GDPR) stems from the Judgment of the Court of Justice of the European Union (CJEU) in the Schrems II case back in 2020.

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Cyprus Tax Matters: Temporary Tax 2023

The deadline for the first instalment of the Temporary Tax Assessment for the year 2023 in Cyprus is approaching and it is recommended that businesses contact their tax advisors to ensure tax compliance.

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