The Cyprus International Trust is a powerful legal structure that has been used for decades by individuals and businesses to protect their assets, manage their wealth, and plan their estates. However, what many people do...Read More
The EU Council revised its list of non-cooperative jurisdictions for tax purposes on 14 February 2023 and now consists of 16 jurisdictions which in addition to Russia, the BVI, Costa Rica and the Marshal Islands...Read More
Our firm is seeking to recruit a semi-experienced Corporate / Trust Lawyer, to join our friendly Limassol Corporate practice, where we believe in building and maintaining high valued long term relationships with our clients. The...Read More
The submissions should be completed using the following guidelines: Submission of a revised upward Temporary Tax return for the year 2022 to be completed by the 31st of December 2022. If the Taxpayer will proceed...Read More
On the 22nd of February 2021, the House of Representatives passed a law levying a 0.4% tax on all sales of immovable property, the proceeds of which to go toward supporting Greek Cypriot refugees. The...Read More
On the 24 th of March 2022 the Parliament of Cyprus has voted a 4 month extension to the deadline for the submission of the 2020 Income Tax Returns (Form TD 4) for Companies and...Read More
In order to accommodate new initiatives in the field of tax transparency at the level of EU, the EU Council adopted on the 25th of May 2018 the Directive 2018/822/EU on Administrative Cooperation in Tax...Read More
Wealthmore would like to inform of the following special measures announced by the Cyprus Government in order to support the country’s economy affected by the Coronavirus outbreak: I. Tax measures A two-month extension of the...Read More
In the context of the measures taken by the government to support companies and businesses affected by the restrictive anti-COVID-19 measures, the Department of Registrar of Companies announces as follows: I. Suspension of de-listing procedures:...Read More
On 7 February 2020, the Health Insurance Organization (“HIO”) in exercising the powers conferred to it by the General Health System Legislation (“The Law”) has issued instructions in relation to refunds on GHS Contributions. These...Read More
Over the past twenty years, Cyprus has developed into one of the most favourable places for international business. The key factors are the low tax regime, its ability to offer sophisticated planning structures, its effectiveness...Read More
Wealthmore continues to monitor developments as they unfold, with focus given to the advice issued by national and local governments and the World Health Organisation. We have well-developed business continuity plans in place that will...Read More
