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In 2016, Cyprus adopted amendments to the Income Tax Laws and to the Cyprus Intellectual Property (IP) regime, to fully comply with the EU legislation and the relevant OECD recommendations of the BEPS Action 5. The amendments apply retrospectively as from 1 July 2016.

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Cyprus has been positioned as an ideal location for establishing business by providing high quality of living, business friendly environment, attractive tax incentives, low cost of setting up and running of business, comparing to other EU jurisdictions, providing the simplicity of common law and also having the ability to provide businesses with highly educated and skilled workforce.

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We would like to communicate you that Belize Companies & Corporate Affaires Registry has announced that from November 28th 2022 will go fully online.

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CYPRUS TAX CALENDAR AND TAX BOOKLET 2023