Andrea Antoniou, Partner of our Law firm, discusses her journey to partnership and gives her perspective on Cyprus legal system.Don’t miss her interview featured in the August issue of Gold Magazine!!
On 15 July 2022, the Cyprus House of Representatives voted in favour of a bill which replaces two of the existing income tax exemptions for employment income with new versions. We outline below the new income tax exemptions, which are subject to conditions: New 50% exemption on remuneration will apply as from 1 January 2022,…
Cyprus ranks first among the countries of the European Union and the world, in terms of the percentage of blood donors, which reaches 9% of the population. Seventy thousand units of blood collected every year prove the social sensitivity of Cypriots.
A legal obligation and the benefits Failing to carry out a DPIA or conducting a DPIA in an incorrect manner can lead to fines up to €10.000.000 or, if it’s company to be penalized, the fine may be up to the 2% of the total worldwide annual turnover of the previous financial year.Therefore, complying with…
Payment of PAYE relating to employees’ salaries for the previous month Payment of Special Defence Contribution and General Healthcare Contributions withheld on dividends or interest or rent paid of Cyprus tax residents in the previous month Payment of tax withheld on payments to non-Cyprus tax residents of the previous month Payment of Social Insurance and…