All clients and associates having Cyprus registered companies are kindly reminded of the deadline of 30th June for payment of the Annual Levy of €350 per annum. For companies belonging to the same group, the annual levy obligation is capped to €20,000 distributable among the relevant companies in equal shares.
Penalties apply in cases of delay of payment while companies failing to comply with their annual levy obligations within the time limits set by Law are being withdrawn from the registry by the Registrar of Companies.
In BriefOn 15 October 2021 the Cyprus government presented its Action Plan to attract companies that operate or wish to expand their activities to Cyprus, …
In BriefCyprus introduced on July 1st 2017 a simple, yet favorable, tax incentive scheme in an attempt to promote R&D in firms, and encourage innovation …
New Location Athos Demetriou Associates LLC is expanding and is now able to serve its current and new clients out of a second location, in …
On 23 February 2021, Cyprus fully implemented the provisions of the 5th Anti-Money Laundering EU Directive 2018/843 on its domestic legislation, whereby it was decided …