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Globalserve Consultants Ltd would like to remind you that for all the Cyprus companies, the 2020 levy of a €350 is now due for payment.

Levy can be paid directly at the registrar by following the below link https://www.jccsmart.com/e-bill/4888749

If you wish to proceed with the payment through Globalserve contact us.

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Panama implements the Private and Unique Registry System for Final Beneficiaries of Legal Entities.

"Private and Unique System of Registration of Final Beneficiaries of Legal Entities" was approved in Panama on March 17, 2020 and became law on March 20, 2020.

Based on the new Law (No. 129) every lawyer or law firm that provides its services as a resident agent must register and keep this registry up-to-date with the Superintendence of Non-Financial Regulated Subjects, to store and protect the information contained therein, guaranteeing, in principle its confidentiality and integrity.
The resident agent will be assigned a unique registration code (CUR), for access to the single system of final beneficiaries.

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The Council of Ministers announced the categories of businesses that are excluded from the right to defer VAT payments as announced on 29 March 2020. Those businesses are electricity power companies, supermarkets, minimarkets, food retailing, retail sale of fuel, pharmacies, telecommunication providers.

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CYPRUS TAX CALENDAR AND TAX BOOKLET 2023