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