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Naturalisation (Citizenship) in Cyprus: New Legislation

Naturalisation (Citizenship) in Cyprus: New Legislation

Naturalisation (Citizenship) in Cyprus: New Legislation On the 30th of November 2023, an amendment to the Civil Registry Law (the “Law”) was voted by the Parliament and came into force on 19/12/2023. The amendment of the Law includes provisions allowing highly skilled...
Transfer Pricing Announcement

Transfer Pricing Announcement

Tax Department Releases Updated Thresholds for Transfer Pricing Documentation The Tax Department (TD) on 1st February 2024, has issued an announcement outlining revised thresholds for the preparation of a Local File for the tax year 2022. The full newsletter is...
Directive on Administrative Cooperation (DAC7)

Directive on Administrative Cooperation (DAC7)

Cyprus enacts law implementing tax transparency rules for reporting digital platform operators DAC 7, outlined in Legal Notice 8 of 2023, implemented on 20 January 2023, incorporates the seventh update to Council Directive 2011/16/EU on taxation cooperation into...

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