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…

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…

Nicosia – The ERGANI Information System entered into force on 13 September 2021, with the aim of combating illegal and undeclared work in Cyprus. The new online system obliges employers to register…

Following the transposition of the 5th European Anti-Money Laundering Directive at a national level, Cyprus has introduced a central Register of Beneficial Owners, which will be kept by the Department…

Limassol - Managing Director of Chelco VAT Ltd, Alexis Tsielepis offers his assessment on what lies ahead in Value Added Tax (VAT) in an article in the Financial pages of…

Nicosia - The Cyprus Securities and Exchange Commission (CySEC) issued last week a directive in relation to the registration of Crypto-Asset Service Providers (CASPs) on the island. In the context…

Limassol - The Chelco VAT International Academy recently launched a first-of-its-kind in Cyprus expert diploma in Value Added Tax (VAT). The Diploma in VAT Excellence (DiVE), is a high-level course…

New York - The cryptocurrency market capitalization hit an all-time peak of $2 trillion earlier this week, according to data and market trackers CoinGecko and Blockfolio, as gains over the…

Nicosia - Cyprus had €8.58 bln in Funds and Assets Under Management in the 4th quarter of 2020, up by 10.3% from the 3rd quarter and an increase of 3.8%…

Nicosia - Cyprus plans to reopen its airports with a colour-coded health risk assessment system from 1 March 2021, applicable to travellers from many of its main tourism markets and…