The BVI Business Companies Act 2004 was amended in 2022, to include changes to the process for restoring struck-off companies.
All Cyprus companies regardless if they are dormant or not, have an obligation to prepare and file audited Financial Statements to both the Registrar of Companies and the Tax Authorities. All companies to be up to date and in good standing should prepare and file Financial Statements until 2022.
Social Insurance Services of Cyprus announced that the annual maximum insurable amount for 2023 is increased to €60.060 from €58.080, and also for monthly paid employees to €5.005 per month from €4.840 and for weekly paid employees from €1.155 per week to €1.117.
