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News & Updates

December 19, 2024 in News and Updates

Submission of 2024 provisional tax declaration and payment of second installment of provisional tax

We wish to remind you that the deadline for the second provisional tax installment, based on the estimated net taxable profit for 2024 tax year, is December 31, 2024. Any…
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December 18, 2024 in News and Updates

Prevention and Combating of Money Laundering from Illegal Activities (Amendment) (No. 2) Law of 2024 with number N.141

The Department of the Registrar of Companies and Intellectual Property (TEEDI), informs (Here in Greek) that on 06/12/2024 the Prevention and Combating of Money Laundering from Illegal Activities (Amendment) (No.…
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November 5, 2024 in News and Updates

Zero VAT Rate on Essential Goods from November 4, 2024, to December 31, 2025

The Tax Department informs that, following a Council of Ministers Decree dated 31/10/2023 (Official Gazette No. 349/2024), a zero VAT rate will be applied to the supply of certain essential…
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October 30, 2024 in News and Updates

Extension to the deadline for the submission of 2023 Personal Income Tax returns (TD1)

We would like to inform you that the deadline for submitting the Personal Income Tax Return (TD1) for the tax year 2023 has been extended to November 30, 2024. Our…
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July 10, 2024 in News and Updates

Submission of Withholding Tax & Contributions Declarations (TD 7) for Years from 2019 Onwards

The Tax Department announced that, in order to comply with tax obligations, there is an opportunity to submit Withholding Tax & Contributions Declarations (TD 7) that have not been submitted…
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July 4, 2024 in News and Updates

Submission of 2024 provisional tax declaration and payment of first installment of provisional tax

Submission of 2024 provisional tax declaration and payment of first installment of provisional tax We wish to remind you that the deadline for the first provisional tax installment, based on…
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June 13, 2024 in News and Updates

Submission of 2023 Individual Income Tax Return via TAXISnet

We would like to inform you that the submission of the 2023 Individual Income Tax Return has commenced via TAXISnet at the following address: https://taxisnet.mof.gov.cy. Individuals with a Gross Total…
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June 7, 2024 in News and Updates

Submission of Tax Withholding and Contributions Statement (IR 7) for the Year 2023 by July 31, 2024

The Tax Department announces that the Tax Withholding and Contributions Statement (IR 7) can be submitted until July 31, 2024, without the imposition of an administrative penalty. After this date,…
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March 5, 2024 in News and Updates

Change in Payment of Withholding Tax for Special Defense Contribution and GESY Contribution on Legal Entity Rents (Codes 614 and 714 respectively)

The Tax Department informs that, in accordance with the amending Law of 2023 on Special Contribution for Defense (Law 40(I)/2023), individuals who pay rents are required to pay the withholding…
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