March 30, 2020

VAT to the Rescue – Penalties and interest waived

Cyprus has eventually decided to waive penalties and interest on Value Added Tax (VAT) for a period of time but did not reduce its rate. The VAT measures the Cyprus government recruited to help curtail…
March 17, 2020

VAT to the Rescue

Value Added Tax (VAT) has been recruited by the Cyprus government to help curtail the adverse effects of the coronavirus pandemic on the local economy. In light of the grave consequences of coronavirus (Covid-19), Cyprus…

News Archive

March 16, 2020

Cyprus in state of emergency

Nicosia – The Cyprus government declared yesterday a state of emergency due to the coronavirus (Covid-19) pandemic and essentially locked down the country. In… Click here to read more.
March 04, 2020

Unemployment in Cyprus drops to 6.3%

Nicosia - The number of unemployed persons in the 4th quarter of 2019 amounted to 6,3% of the labour force or 28.481 persons, according… Click here to read more.
February 19, 2020

Cayman Islands on tax-haven blacklist

Brussels - British overseas territory the Cayman Islands has been placed on an EU tax-haven blacklist, along with Palau, Panama, and the Seychelles. The… Click here to read more.
February 10, 2020

CYVA now open for membership

Nicosia - The Cyprus VAT Association (CYVA) is now accepting membership applications. CYVA is a newly-formed association aiming at bridging the communication gap between… Click here to read more.
February 06, 2020

Cyprus ranked 36th most expensive nation to live in

New York - Cyprus ranked in as the 36th most expensive nation to live in, according to a recent survey by New York-based CEOWORLD… Click here to read more.
January 17, 2020

Tsielepis joins Dinos Antoniou Blood Drive

Limassol – In a celebration of humanity and solidarity, staff from Costas Tsielepis & Co Ltd and associated companies joined the offices of Dinos… Click here to read more.