Established in 1993 in Nicosia, Cyprus, our law firm is manifesting dynamic and steady growth in the provision of quality legal services in Cyprus to international business start-ups, mid- and large-size international companies, and individuals.
Cyprus is taking bold steps to cement its reputation as a hub for innovation and entrepreneurship with the recent revisions to its Start-Up Visa Scheme.
Under Cypriot tax regulations, companies are required to submit the Summary Information Table (SIT) alongside their Income Tax Return Form, starting from the tax year 2022 onwards. The SIT is a crucial document that outlines intercompany transactions with related parties, ensuring compliance with transfer pricing rules and demonstrating that these transactions are conducted at arm's length. In this post, we’ll guide you through the key steps to prepare and submit the SIT for your Cyprus-based business.
Here are the obligations arising from the Deemed Dividend Distribution (DDD) provisions under the Special Contribution for the Defence (SDC) Law.
We would like to bring to your attention the requirements and upcoming deadlines for provisional tax in Cyprus. This is a key tax obligation for Cyprus tax resident companies and is essential to avoid interest and penalties.
Legal Netlink Alliance Association
Cyprus Bar Association
Law Society of England & Wales
Society for Trust and Estate Practitioners