Choosing Between a Company and a Trade Name in Cyprus
Starting a business in Cyprus involves important decisions, and one of the first important decisions you’ll face in Cyprus is whether to set up a company or register a trade name.
Non-Governmental Organisations (NGOs) in Cyprus
A non-governmental organisation (NGO) is an entity that operates independently of any government with the primary aim of improving societal conditions.
The Cyprus Non–Dom Regime – Who Are the Potential Applicants?
Cyprus is increasingly positioning itself as a prime destination for high-net-worth individuals due to its attractive tax regime and other factors that support wealth management.
Ο Περί Εταιρειών (Τροποποιητικός) (Αρ.4) Νόμος 101 (Ι) του 2024
Ο Περί Εταιρειών (Τροποποιητικός) (Αρ.4) Νόμος 101 (Ι) του 2024 εισήγαγε σημαντικές αλλαγές…
Annual Report Late Submission: Max Fine €150
The Department of Registrar of Companies and Intellectual Property announces that according to the Companies (Amendment) Law of 2024…
Cyprus Tax Residency and Non-Dom for Individuals
As of 2017, an individual is considered a tax resident of Cyprus if they meet either the ‘183-day rule’ or the ’60-day rule’ for the tax year.
Ενημέρωση Μητρώου Πραγματικών Δικαιούχων
Το Τμήμα Εφόρου Εταιρειών και Διανοητικής Ιδιοκτησίας (ΤΕΕΔΙ), σε συνέχεια της ανακοίνωσης του ημερομηνίας 8 Φεβρουαρίου 2024, ενημερώνει ότι:
Reduction of Company Share Capital
Share capital refers to the funds contributed by shareholders to establish or expand a company.
Abolition of the Annual Levy for Cyprus Companies
With a decision dated 21/02/2024, the Council of Ministers abolished the annual company fee of 350 euros as an additional measure to support businesses. This decision will take effect from this year.
Ongoing Obligations of a Cyprus Company
Incorporating a Cyprus company is an easy and relatively swift procedure, but what about the obligations regarding tax and statutory reporting?