Companies and any other legal entities incorporated in the Republic of Cyprus must obtain and hold adequate, accurate and current information on their beneficial ownership, including details of the beneficial interests held. The Law provides the establishment of a central beneficial owner register of the companies or other legal entities (“Entities” or “Entity”). The beneficial owner register (the “BO register”) is a centralized register that contains information about the beneficial owners of Entities that fall under the Law.
Tax Booklet 2021
Tax Booklet 2021March 2, 20212021_Tax-Booklet tax tax, Get in touchWhatever your question our global team will point you in the right directionStart the conversationSign up for HLB insights newsletters Email Address* By submitting your email address, you acknowledge that you have read the Privacy Statement and that you consent to our processing data in accordance with the Privacy Statement (including … Read More
Cyprus and Russia reached an agreement to amend the Double Tax Treaty
On 10 August 2020, following extensive negotiations, Cyprus and Russia reached an agreement for the amendment of the Agreement for the avoidance of Double Taxation.
Covid 19
Given the recent developments relating to Covid-19, it is everyone’s duty to stay safe and keep our community safe. We have made the decision that a high percentage of our teams will be working from home until further notice.
Covid 19 – Letter from CEO
HLB Cyprus is taking appropriate measures to protect our staff, support our clients and ensuring business continuity. Our firm remains fully operational servicing our clients needs. We are continuously monitoring current developments in relation to the coronavirus pandemic and will adapt our approach as is necessary.
Tax Booklet 2020
Tax Booklet 2020February 21, 2020ENG-TAX-FACTS-2020 tax tax, Get in touchWhatever your question our global team will point you in the right directionStart the conversationSign up for HLB insights newsletters Email Address* By submitting your email address, you acknowledge that you have read the Privacy Statement and that you consent to our processing data in accordance with the Privacy Statement (including … Read More
ΦΟΡΟΤΙΤΙΒΙΣΜΑΤΑ
“…σύμφωνα με το Άρθρο 10(β) του Φόρου Κεφαλαιουχικών Κερδών (Ν52/80 Ο.Τ) δωρεές που γίνονται από γονείς σε παιδιά, καθώς και μεταξύ συζύγων δε θεωρούνται διαθέσεις και συνεπώς δεν υπόκεινται σε φόρο κεφαλαιουχικών κερδών (Φ.Κ.Κ)…”
Για πιο λεπτομερή ανάλυση, θα μπορούσατε να μας αποστείλετε ηλεκτρονικό μήνυμα: [email protected]
Πάντα με εκτίμηση και σεβασμό προς εσάς.
HLB Cyprus Ltd
Amendment of article 14 of the Cyprus Income Tax Law
Amendment of article 14 of the Income Tax Law: the limit of certain allowable deductions for individuals is increased from 1/6 to 1/5 of net income
Transparency Report
The Double Tax Treaty (DTT) of 2018 (which came in to effect on 18 July 2018, and replaced the DTT of 1974) was amended with a protocol signed on 19 December 2018. This Protocol provides for a “grandfathering” period relating to the taxation of pensions.
Precisely, persons previously taxed based on Article 19(1) of the previous Treaty will have the right of election to continue being taxed in line with the relevant provisions of the previous treaty. This will be valid for years ending on or before 31 December 2024.
Signed Double Tax Treaty between UK and Cyprus – Amended Protocol Signed on 19 December 2018
The Double Tax Treaty (DTT) of 2018 (which came in to effect on 18 July 2018, and replaced the DTT of 1974) was amended with a protocol signed on 19 December 2018. This Protocol provides for a “grandfathering” period relating to the taxation of pensions.
Precisely, persons previously taxed based on Article 19(1) of the previous Treaty will have the right of election to continue being taxed in line with the relevant provisions of the previous treaty. This will be valid for years ending on or before 31 December 2024.
