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The Interview of our CEO Socrates Ellinas to Simerini @YourServices magazine! Find it on p.6

We would like to bring to your attention that according to the Cyprus Company Law, Cap. 113 all Cyprus Companies are subject to an annual government levy of € 350.00 payable by 31/12/2020. Non-payment of the annual government levy, will result in penalties and the de-registration (strike off) of the company from the registry of…

Pursuant to sections 104 and 105 of the Municipalities Law 111/1985, and a City Council’s decision dated 26 September 2019, the Limassol Municipality announced its decision to impose annual trade license fees on legal entities having their registered office address within the geographic boundaries of the Municipality as follows: For legal entities working independently, an…

We would like to inform you that in accordance with a Decree issued on 20 October 2020, the following deadlines are extended to 30 November 2020: Electronic submission of the 2019 personal income tax return by employees and pensioners (TD1 – Employee) whose gross income exceeds €19.500, and for the payment of their final tax…

The Council of Ministers have adopted the amended regulations in regards to the Cyprus Investment Programme (CIP) on the 18th of August 2020. While the CIP remains the same in principle and structure and while many provisions have remained valid, the recently enacted regulations introduced certain new provisions that provide a more straight forward, legally…

Cyprus House of Representatives adoptedon 19th June 2020 the law to implement the directive (EU Anti-Tax Avoidance Directive (ATAD EU 2016/1164) that will be applied retrospectively as of 1st January 2020 with the exception of reverse hybrids which will be applicable as from 1st January 2022.

We would like to bring to your attention that the Council of Ministers approved the new amended regulations of the Cyprus Investment Programme (CIP) which shall be voted by the House of Representatives in Cyprus. One of the main changes being the provision of examining the citizenship applications in conjunction with the Money Laundering legislation…

According to the Cyprus Income Tax Laws, all companies that will have taxable income for tax year 2020 should submit to the Tax Authorities by 31 July 2020, a temporary tax return form (T.D6), based on their estimated taxable profits for the current year and pay the temporary tax in two equal instalments before or…

Join Areti Charidemou & Associates LLC two weeks Summer Internship Program which will take place in July 2020.

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