The Ministry of Labour has uploaded online application forms related to benefits of Cyprus citizens and companies due to coronavirus crisis. Forms must be completed diretcly through online systems from the allowences regarding parent leave, sicknes from coronavirus, self employees and businesses that have completely or partially suspended operations.
The VAT measures the Cyprus Government recruited to help curtail the adverse effects of the coronavirus pandemic on the local economy were enacted by the House of Representatives on 27 March 2020.
Based on the announcement of the House of Representatives, the VAT rates will not be reduced as announced last week but decided the waive the penalties and interests.
The Cyprus Government recruites a series of financial measures aiming to protect the Cyprus economy.