Amendments in the CY IP Box Regime

Amendments in the CY IP Box Regime

The House of Representatives voted amendments to the income tax law provisions for the taxation of the income derived from the exploitation or sale of intangible assets. The amendments were voted to bring the legislation in line with the provisions of OECD and EU rules on the subject. The amendments include transitional provisions for assets qualified as intangible assets under previous legislation. The transitional provisions […]

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Increase Cypriot registered companies

Increase Cypriot registered companies

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.

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