Monthly Archives: June 2013

LEVY 2013_EXTENSION

An extension has been given from the Cyprus Registrar regarding the payment of the annual levy for the year 2013.  The amount of €350 must be paid until next Friday 5th of July. All Cyprus companies are obliged to pay … Continue reading

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LEVY 2013

The annual levy for 2013 of €350 has to be paid until the 27th June 2013. In case the levy is not paid on time then the following penalties will apply: till 30/08/2013 10% or €35 till 30/10/2013 40% or … Continue reading

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Malta and Russia updated tax agreement, New treaty was signed on 24 April 2013

Malta and Russia signed a new tax treaty to replace the pending DTA signed between the countries in 2000.

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Singapore’s Economy Might Collapse Due to New Bank Secrecy Rules

Private banks in Singapore are the next target of tight regulations in the banking system after the U.S. and Europe have changed the rules on bank secrecy. The city state in Southeast Asia, which could surpass Switzerland as the largest … Continue reading

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Granting the Cyprus Citizenship by exemption, criteria and conditions

Cyprus as member of European Union, is an attractive jurisdiction for acquiring citizenship. The Ministry of Interior is able to issue Cyprus citizenship by exemption to any application which fulfills the below criteria.

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PROVISIONAL TAX 2013

According to the Cyprus Income Tax Law the dates of submission and payment of the provisional tax for the year 2013 are as follows:

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