TCAF Audit / Tax / Advisory

29/01/2026

24/12/2025

Dividends and Rents - Special Defence Contribution (SDC)

1. Abolition of SDC on rental income

2. Reduction of the SDC on actual dividends (for profits earned after 2026) from 17% to 5%;

3. Abolition of the deemed-dividend distribution rule for profits earned from 1 January 2026 onward;

10/02/2025

The Withholding Tax and Contribution Declaration (IR7) for the year 2024 and after, will be submitted through the TFA system and not through the TAXISnet system, as was the process until now.

Should you need any assistance please do not hesitate to contact us.

10/02/2025

New Obligations for Employers: Submission of Essential Employment Terms on the ERGANI Portal

- The deadline for compliance is on the 28th of February 2025 under the Transparent and Predictable Working Conditions Law of 2023 (Law 25(I)/2023).

Should you need any assistance please do not hesitate to contact us.

17/06/2022

Deadline: Cyprus companies Annual Levy 2022

We would like to inform you that the final date for the payment of annual levy for the year 2022 is by 30 June 2022.

Should you need any further clarification/assistance please do not hesitate to contact us:
email: [email protected]
tel: +357-22100550 / mob: +357-95546100

01/04/2022

https://theubj.com/business/33016/in-the-aftermath-of-the-ukraine-conflict-the-cypriot-bank-rcb-is-closing-its-retail-division/

In response to Russia's invasion of Ukraine, Cypriot lender RCB Bank plans to liquidate its retail operations, making it the first bank to return money to

30/03/2022

Deadline for submitting the Tax Returns of 2020
- The House of Representatives approved an extension to the deadline for submitting the Tax Return of Companies and Persons for 2020, to 31.07.2022 .
Should you need any further clarification/assistance please do not hesitate to contact us:
email: [email protected]
tel: +357-22100550 / mob: +357-95546100

30/03/2022

Deadline for the submission of beneficial ownership information extended to 31 July 2022
- The Department of Registrar of Companies and Intellectual Property has announced that the deadline for the submission of data concerning beneficial ownership is extended to 31 July 2022.

Should you need any further clarification/assistance please do not hesitate to contact us:
email: [email protected]
tel: +357-22100550 / mob: +357-95546100