Αll 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 2018. Companies that were incorporated in the second half of 2018 will prepare financial statements together with 2019.
To be able to proceed, we need you to send us all the documents of the company to complete the bookkeeping and send them for audit and the preparation of the financial statements of 2018, until the end of February 2019.
Following an inspection of Google LLC, the restricted committee of the French Commission Nationale de l’Informatique et des Libertés (hereinafter referred to as the “CNIL”) decided that there are two types of breaches of the French Data Protection Act and the General Data Protection Regulation (“GDPR”) by Google LLC and imposed a penalty of 50 million euro.
All Cyprus VAT registered companies belong to a different VAT category depending on their business activities.
VAT categories are the below:
- A Trading Activities
- B Construction Activities
- C Provision of Services
Subcategories
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CYPRUS TAX CALENDAR AND TAX BOOKLET 2023
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