17 01, 2021

Ultimate Beneficial Owner (UBO) Register in Cyprus

2021-01-19T10:23:21+00:00

Ultimate Beneficial Owner (UBO) Register in Cyprus Cyprus proceeded with the transposition of the 4th AML Directive (EU 2015/849) and started the implementation of the Ultimate Beneficial Owner (UBO) Register of Companies and other legal entities in Cyprus. Registrar of Companies (RoC) The competent authority for the maintenance of the central [...]

Ultimate Beneficial Owner (UBO) Register in Cyprus2021-01-19T10:23:21+00:00
10 01, 2021

Professional License Fee by Cyprus Municipalities

2021-01-14T20:49:26+00:00

Professional License Fee by Cyprus Municipalities As from 2021, the Committee of the Union of Cyprus Municipalities decided on the adoption of a uniform policy for the imposition of the annual professional license fee to legal entities who carry on any business, trade or profession within each municipality’s limits. [...]

Professional License Fee by Cyprus Municipalities2021-01-14T20:49:26+00:00
14 09, 2020

General Anti-Abuse Rule (GAAR)

2021-01-14T20:48:55+00:00

General Anti-Abuse Rule (GAAR) in Cyprus The purpose of the general anti-abuse rule (GAAR) is to discourage artificial arrangements and counteract aggressive tax planning not yet been dealt with through specifically targeted provisions (SAARs). It applies from 1 January 2019 and is in line with the European Anti-Tax Avoidance [...]

General Anti-Abuse Rule (GAAR)2021-01-14T20:48:55+00:00
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