As part of its efforts to help curtail the adverse effects of the coronavirus pandemic on the local economy and especially tourism, the Cyprus Government has temporarily reduced the VAT…

Nicosia - President Nicos Anastasiades announced in a televised address last night a new set of economic measures to help businesses, the self-employed and employees soften the devastating financial effects…

Nicosia - The Cyprus Tax Department has extended its opening hours from 18 May to 31 May 2020. Beyond their normal business hours of 8.30am to 2.30pm daily, the Department…

Singapore - A Singapore University of Technology and Design study predicted that the Covid-19 virus will be eradicated in Cyprus in the second half of May. In a study published…

The Cyprus Tax Department recently published a list of contact details of their District Offices and other useful information, in an effort to promote communication electronically or by telephone. Indirect…

A short history On 2 April 2020, the Council of Ministers issued decree ΚΔΠ(Δ) 145/2020, published in the Cyprus Gazette, through which it obliged 20 categories of businesses to effect…

Σε συνέχεια των ενημερωτικών μας δελτίων τ.7 τ.1 και τ.7 τ.2 η Κύπρος τελικά αποφάσισε την αναστολή επιβαρύνσεων και τόκων στο Φόρο Προστιθέμενης Αξίας (ΦΠΑ) για συγκεκριμένο χρονικό διάστημα αλλά…

Further to our VAT Updates v.7 i.1 and v.7 i.2, Cyprus has eventually decided to waive penalties and interest on Value Added Tax (VAT) for a period of time but…

As a result of the coronavirus (Covid-19) measures being implemented across all public service departments, the processes and operations of the district VAT Offices have also been affected. If you…

Further to our VAT Update v.7 i.1 of 17 March 2020 regarding the recruitment of Value Added Tax (VAT) by the Cyprus government to help curtail the adverse effects of…