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Payment of the temporary tax for 2022 and the final tax due for 2021
Payment of temporary tax for 2022 According to the Assessment and Collection of Taxes Law, every legal or physical person (who receives...
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Flexi Group
Jun 10, 20222 min read
New Foreign National Residence Permit Categories Have Been Approved By The Cabinet
Foreign nationals with an annual income of 40,000 euros, a privately owned house worth at least 250,000 euros, and who are investors,...
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Flexi Group
Jun 8, 20222 min read
Amendment of the Special Defence Contribution law - Expansion of application of 3% reduced rate
The Cyprus Parliament passed amendments to the Special Defence Contribution ("SDC") law on May 26, 2022, with the goal of expanding the...
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Flexi Group
Jun 2, 20223 min read
CRS developments and amendments to DAC 7
Due to the impact of the COVID-19 on businesses, the Organization for Economic Cooperation and Development (OECD) and the European Union...
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Flexi Group
May 30, 20223 min read
Beneficial Ownership Register of Express Trusts and Similar Legal Arrangements
As of the 17th of May 2022, the Cyprus Security and Exchange Commission (“CySEC”) has commenced the operation of an online platform for...
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Flexi Group
May 26, 20221 min read
Public access to the UBO Registry as of the 1st of June
According to an announcement made on the 24th of May 2022 by the Registrar of Companies and Intellectual Property Department, the public...
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