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News & Information
What’s New?
Cyprus Tax reform 2026
Recent Tax reform has brought may positive long-awaited changes affecting companies and individuals. Let’s delve in the most substantial ones. Changes affecting companies: Abolition of deemed dividend distribution rule for profits from 2026 onward. Under the old...
Integration of interim and final solutions of the UBO register
From November 13, 2023 Final solution of the electronic system of the UBO register has been launched. Companies which have already submitted details of the company’s UBOs before that date are requested to proceed with the confirmation of the details the latest until...
Register of ultimate beneficial owners
Register of Ultimate beneficial owners
реестр конечных бенефициаров Кипр
New property tax 0.4% on sales of property and shares in Cyprus company from 22/02/2021
According to amendments to the Central Agency for Equal Distribution of Burdens Law published on 18/11/2022 (Law 172(I)/2022), starting from 18/11/2022 a new tax of 0,4% is imposed on the sale of property and sale of Cyprus company shares owing property in Cyprus....