New Law on Taxation of property for VAT purposes

Nov 15, 2017

The House of Representatives of Cyprus has voted on a number of amendments to the VAT legislation for EU harmonisation purposes, which are listed below. Under the new provisions: VAT is charged at a rate of 19% on the transfer of the ownership of undeveloped land,...

Many Cyprus companies being taken off the Cyprus Register

Feb 16, 2017

Facts Tens of thousands of Cyprus companies are being taken off the register by the Cyprus Registrar of companies for not submitting their annual returns together with their accounts in an effort to bring the register up to date and force Cyprus companies to comply...