We would like to inform our Clients that, from the 18th day of September, 2021, all Companies listed in Annex 2093 must proceed with the required steps to accept credit card payments based on the Law on Confirmation and Collection of Taxes of 1978 (No.3) / 2021 and Decree 30A (3) published in the Official...
The House of Representatives in Cyprus approved the extension to the deadline for the payment of the Annual Company Levy (€350) until the 31st of December, 2021. For any clarifications please contact us via email at info@gclawfirm.eu or via telephone (00357) 25 - 361333.
THE UNDERLYING PURPOSE: Taking into consideration the aggregate calls for transparency by the constitutions of the European Union (hereinafter referred to as the “E.U.”) which, now more than ever, form an essential element of the corporate sector that must be guaranteed and safeguarded, the Republic of Cyprus (hereinafter referred to as “Cyprus” and / or the...
“Competition”, as a term, features in many commercial transactions and everyday dealings among individuals and / or Entities. In order to guarantee that consumers will enjoy the best options available in the market, while Enterprises will refrain from abusing their dominant position or entering into restrictive agreements of the competition, the Parliament of the Republic of...
After a series of extended negotiations on the renewal of the Treaty for the avoidance of Double Taxation (“DTT”) between the Republic of Cyprus and the Russian Federation, the two countries managed to reach a conclusion which symbolizes the end to the uncertainty created by the Russian Government's intention to terminate the DDT. What was the...
Following our recent announcement, on the 03rd of August, 2020, the Russian Ministry of Finance announced its intention to initiate the process of reviewing and amending the provisions of the Double Taxation Treaty (“DTT”) with the Republic of Cyprus (“Cyprus”), as part of the main measures being taken to tackle coronavirus in the Russian Federation....
The Government of the Republic of Cyprus, via the implementation of a series of drastic interventions, continues to support the development of the constructions’ industry by (a) the renewal of plans which proved to be beneficial; and (b) the adoption of new regulations and incentives. In particular, the Council of Ministers on the 24th of...
The Republic of Cyprus (Cyprus) and Russia had entered into a Double Tax Treaty (DTT) in 1998 in a joint effort to avoid the double taxing of income and capital generated in Cyprus, while at the same time promoting the economic cooperation between the two countries. In fact, since its introduction, the DTT has been...
As part of the measures taken by the Government to support Companies and businesses affected by the restrictive measures imposed in an attempt to limit the spread of Coronavirus, the Department of Registrar of Companies announced the following: Payment of the Annual Levy of € 350: The payment the annual levy for 2020 is extended until the...
Dear valued Clients and Associates, Although the COVID-19 outbreak has admittedly created challenges to all the Organisations worldwide, we would like to assure you that G.C Charalambous & Co LLC will continue providing its services and responding to your needs remotely, starting from Thursday (26th of March, 2020) until Monday (13th of April, 2020). As we constantly...
In the context of the measures taken by the Government to support companies / businesses affected by the restrictive measures imposed to limit the spread of Coronavirus, the Department of Registrar of Companies and Official Receiver announced the following: Submission of Annual Reports Due: The publication in the Official Gazette of the Republic three months prior...
