Latest News

January 21, 2019

SIF INCREASE & NHIS CONTRIBUTIONS COMMENCE (2019)

An increase in Social Insurance Fund (SIF) contributions will come in effect in 2019 and that contributions for the implementation of the National Health Insurance System (NHIS) will commence on the 1^st of March 2019.

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March 10, 2017

ABOLISHMENT OF MINIMUM MARGINS ON BACK-TO-BACK LOANS

In accordance with a letter issued by the Cyprus Tax Department (CTD) to the Institute of Certified Public Accountants of Cyprus (ICPAC), the guidance as to the minimum profit margins the CTD would be willing to accept in back-to-back loan transactions (“the back-to-back regime”) will be abolished as of 1 of July 2017....

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June 13, 2016

ANNUAL LEVY (YEAR 2016)

Please note that payment of the Annual Levy for 2016 is due and must be paid prior to 30 June 2016...

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