The House of Representatives voted for a number of new and amending laws under the Memorandum of Understanding between the Republic of Cyprus and Troika in order to strengthen public finances. 1. Annual Levy of €350 From 2013, the annual levy of €350 becomes payable for all registered companies in the Cyprus Companies Registry. With […]
New Laws voted by the Cyprus Parliament Read More »
The extension of the amnesty (capping interest and penalties to 5% for the tax years before 2008) till 31October 2012 was voted in Parliament. In addition, 1. the submission of the 2010 Income Tax Declaration for Companies (IR4), was extended up to 31 May 2012 without penalties and 2. the submission of the 2010 Income
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The Central Bank of Cyprus has announced the signing on 15 July 2011 of a Memorandum of Understanding with the China Banking Regulatory Commission. The Memorandum of Understanding follows the basic principles of cooperation between supervisory authorities, as formulated by the Basel Committee on Banking Supervision. It outlines the general framework of mutual cooperation and
