Key Steps for Submitting the Summary Information Table (SIT) in Cyprus
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.
Deemed Dividend Distribution (DDD) Obligations
Here are the obligations arising from the Deemed Dividend Distribution (DDD) provisions under the Special Contribution for the Defence (SDC) Law.
2024 Provisional Tax: Deadlines and Compliance Reminder
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.
Maximize Your Business & Personal Tax Benefits in Cyprus
Take advantage of one of the world’s most advantageous business environments today. Contact us to learn how a Cyprus company can elevate your business and optimize your personal tax position.