Cyprus Tax Reform: Proposed Legislative Amendments to Strengthen Enforcement

The Cyprus government has proposed a series of legislative amendments aimed at strengthening tax enforcement, as part of a broader tax reform currently under public consultation. The proposed amendments are intended to become effective as of January 2026, subject to final approval and vetting by the House of Representatives.

Strengthening Tax Defences: Cyprus Introduces WHT on Outbound Payments to High-Risk Jurisdictions

Cyprus has strengthened its defensive tax regime on outbound payments to high-risk jurisdictions as part of its ongoing alignment with international tax standards and efforts to combat base erosion and profit shifting (BEPS).

Cyprus-Egypt natural gas agreements ‘historic’, Eni says

Italian energy company Eni on Thursday described the two agreements signed by Cyprus and Egypt earlier this year concerning the exploitation of natural gas resources under the seabed in the eastern Mediterranean as “historic”.

Cyprus opens applications for digital nomad visa programme

The migration department has announced the start of applications for residence permits under the Cyprus Digital Nomad Visa scheme.

Cyprus Tax Matters: Temporary Tax 2024 – 2nd instalment

The deadline for the second instalment of the Temporary Tax Assessment for the year 2024 in Cyprus is approaching and it is recommended that businesses contact their tax advisors to ensure tax compliance.

A Complete Guide to Freelance/ Contractor Work in Cyprus | Jobs, Taxes and Benefits

Freelance/ contractor work is becoming increasingly popular for its flexibility, and Cyprus is an attractive destination for contractors due to its favourable tax policies, affordable living costs, and growing digital infrastructure. Whether you’re a social media contractor, SEO specialist, or seeking contract work across various industries, understanding Cyprus’s business landscape is essential. From tax regulations to work-life balance, this guide will provide crucial information for succeeding as a contractor in Cyprus.

How To Save Up To 80% Of Your Taxes!

The answer is simple. You should start using the Cyprus tax regimes!

Taxation for Investment Funds and Managers

Cyprus has become a top destination for corporate structuring and professional financial services, serving as a strategic hub in the Eastern Mediterranean. Positioned between Europe, the Middle East, Africa, and Asia, it offers attractive tax optimisation opportunities for global businesses.

Cyprus government reduces deficit to €39 million in second quarter

The Cyprus government recorded a reduced deficit of €39 million in the second quarter of 2024, marking a sharp improvement from the €260.8 million deficit reported for the same period last year.

Working and Living in Cyprus in 2024 | GRS Recruitment

Have you always dreamt of living in a place that combines both a historic and architectural centre, but also has the buzz of a modern city? You should definitely then consider relocating to one of the beautiful cities of Cyprus. If your profession is among the top in-demand jobs in Cyprus, then you are in luck, because many employers are already looking for someone just like you. Looking for a job on your own might be an intimidating and a tricky process, and that’s where we come in. We wanted to give the insider tips on the multiple pros of working and living in Cyprus.