Importance of Pledge of shares in Cyprus Pledge of shares in a Cyprus company is a systematic way of granting security in commercial transactions. Outside court jurisdiction, the security can be used as collateral and be enforced. The pledge creates...
What is the Corporation’s Tax rate in Cyprus? The Corporation Tax Rate in Cyprus is 12.5%. A tax resident of Cyprus will consequently be taxed on its profits arising from Revenue – Expenses. Any income from in Cyprus, or abroad, will be...
Cyprus Tax Outlook 2022 CYPRUS BECOMES A FULLY COMPLIANT CORPORATE TAX RATE JURISDICTION ATTRACTING MULTINATIONAL COMPANIES FOR HEADQUARTERING OR BRANCH SET UP In December 2021 the Cyprus Minister of Finance has announced that the year of 2022 will be a...
EXTENSION OF ANNUAL LEVY PAYMENT Dear Clients / Associates, We hereby notify you that further to the previous extension given by the Registrar of Companies regarding the payment of the Annual Levy of 2021 to December 2021, a further extension has...