RCB Bank shifts from banking to asset management
Limassol - RCB Bank announced last week that it will cease operating as a bank and would become an asset management company. The bank cited the “ongoing and extremely volatile…
Alexis Tsielepis addresses Cyprus tax experts
Chelco VAT’s Managing Director, Alexis Tsielepis, shared his knowledge on Value Added Tax with the island’s leading tax experts at the 5th Cyprus International Tax Conference in Nicosia, earlier this…
The E-commerce VAT Package: Comment ça va?
THE E-COMMERCE VAT PACKAGE: COMMENT ÇA VA? The Chelco VAT International Academy through its Lead Instructor, Alexis Tsielepis, continues its series of high-level VAT educational events with a full-day seminar…
Cyprus economy to suffer by sanctions on Russia
Cyprus’ GDP could be affected by between 1.5-2% during 2022 if Cypriot airspace remains closed to Russia for the entirety of 2022, rating agency DBRS Morningstar reported yesterday. “DBRS Morningstar…
Alexis Tsielepis to address the 5th Cyprus International Tax Conference
Representing the Cyprus VAT Association (CYVA), our own Alexis Tsielepis will present the latest efforts to harmonise VAT rates in the European Union at the 5th Cyprus International Tax Conference…
Reversing VAT: For Example
REVERSING VAT: FOR EXAMPLE… As we have presented the reverse charge mechanism in the past, we have decided to revisit the topic with a twist. We are naming it “Reversing…
Chelco VAT launches all-new website
Limassol - Chelco VAT Ltd has just released its all-new website at www.chelcoVAT.com. The Chelco VAT website was redesigned, rebranded and rewritten from the ground up. It features an all-new…
Tax reform for Cyprus in 2022
Nicosia - Cyprus will proceed with a tax reform next year, including the increase of corporate income tax and the introduction of green taxation with a view to achieve its…
ECOFIN reaches agreement on updated rules for VAT rates
Brussels - The European Union’s Economic Financial and Affairs Council (ECOFIN) reached an agreement today on a proposal to update EU rules on rates of Value Added Tax (VAT). The…
DAC6 deadline approaching
Limassol – The last chance for companies in Cyprus to report DAC6 relevant information to the Authorities is the end of this month. Failure to comply with DAC6 by 30 November…
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