Country by Country Reporting (CbC) The Ministry of Finance in late December 2016 issued a decree to align provisions of Cypriot tax law with the requirements of EU Council Directive (EU) 2016/881 adopting the recommendations of the OECD base erosion and profit shifting (BEPS) Action Plan 13 on country-by-country (CbC) reporting. Cyprus CbCR requirements took…
A new market called the Emerging Companies Market (“ECM”) of the Cyprus Stock Exchange (“CSE”) benefits from a simplified regulatory regime specifically designed for small and emerging companies. ECM of CSE is considered as a Multilateral Trading Facility (MTF) according to “the provision of Investment Services, the exercise of investment activities, the operation of regulated…