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NEWS & LEGAL UPDATES – LC LAW

NEWS & LEGAL UPDATES

Taking up employment in Cyprus – exemption from Income Tax

On 15 December 2020, an amending law was published in the Gazette with respect to Article 8(21) of the Income Tax Legislation. The purpose of the amendment is to...


Registry of Real Beneficial Owners

In accordance with the 4th European Directive (ΕΕ 2015/849) of the European Parliament on the prevention of money laundering and financing of terrorism, the Council of Ministers of Cyprus...


New Cyprus Investment Programme

The Cyprus Investment Programme was approved by the Council of Ministers on 13th  September 2016 and was subsequently amended in May 2018 and February 2019.  The latest amendments to...


ALFA European Regional Meeting in Vienna, Austria

Ms. Lora Stylianou participated at the ALFA European Meeting 2018 which took place in Vienna, Austria between 7 and 8 June 2018.


Electronic payment of tax liabilities

The Cyprus tax department has encouraged online payment of tax liabilities. Online payment of PAYE deducted from wages and salaries became mandatory from March 2018 and with effect from...