On 16 August 2016 a new tax circular issued for guidance on the procedure for issuing tax rulings from the Cyprus Tax Department office. The new tax circular (2016/13) is in addition to the existing tax circular (2015/13). The new circular clarified: The fees for the issue of the tax rulings Tax rulings – opinion to be issued within 21 working days €2.000 Tax rulings […]
According with the latest data from the registrar of companies the registration of new companies in Cyprus on September 2016 increased by 21% (1.129 companies) compared with September 2015 (934). For the 9-month period to September 2016 the registration of Cypriot companies increased by 23,3% compared with the same period of 2015. The total number of Cypriot registered companies is 207.470.
