Please be informed that the last day for the submission of the 2021 employer's TD7 return is the 31st of May 2022.
For any further information, please do not hesitate to contact us.
Contact person
Stelios Ioannou
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+357 22 100 192
Managing Director
Transparency report 2021.
The Tax Department has announced that the 2021 Personal Income Tax Return (T.D. 1 form) is available for submission via the TaxisNet system.
Obligation for the submission applies to:
- Employees and pensioners (T.D.1 – Employee) whose gross income exceeds €19.500, and
- Self-employed individuals (T.D.1 – Self-Employed) with a turnover that does not exceed the amount of €70.000 and who do not have obligation to prepare audited financial statements.
The deadline for the submission of the Return is on 31/07/2022. Prerequisite for the submission of the Return is the registration to the TaxisNet System.
For any further information, please do not hesitate to contact us.
Contact person
Stelios Ioannou
This email address is being protected from spambots. You need JavaScript enabled to view it.
+357 22 100 192
Managing Director
The Minister of Finance has extended the deadline for the submission of 2020 income tax returns of companies (T.D.4 form), as well as self-employed individuals whose turnover exceeds the amount of €70.000 and have the obligation to prepare audited accounts (T.D.1 form for self-employed).
The submission deadline has been extended from 31 March 2022 to 31 July 2022.
For any further information, please do not hesitate to contact us.
Contact person
Stelios Ioannou
This email address is being protected from spambots. You need JavaScript enabled to view it.
+357 22 100 192
Managing Director
We would like to let you know that the Department of Registrar of Companies has announced that the submission period of beneficial owners' data to the Beneficial Ownership Register of Cyprus is extended to 31 July 2022.
According to the Prevention and Suppression of Money Laundering Activities Laws of 2007-2021, companies and any other legal entities incorporated in the Republic of Cyprus must obtain and hold adequate, accurate and current information on their beneficial ownership. This requires their directors (or other officials) to identify and electronically submit all relevant information of the beneficial owner(s) who own or control the legal entities to the "Electronic Filing" system, through the government gateway portal “ARIADNI”.
It is highlighted that the responsibility for the submission and timely update of information lies with the legal entity and its officials, and penalties may be imposed to those that do not comply with their obligation to submit their beneficial owner(s) data.
The Registrar of Companies has issued comprehensive guidance that can be accessed here.
We can assist you with the registration of your company to ARIADNI (if not already registered), as well as with the collection and submission of all relevant Beneficial Owner information to the Electronic Filing system, on behalf of your company. A fee of €100 + VAT will be charged for our assistance in registering your company to ARIADNI and of €150 + VAT for submitting the Beneficial Owner(s) information to the Register.
For any further information, please do not hesitate to contact us.
Contact person
Stelios Ioannou
This email address is being protected from spambots. You need JavaScript enabled to view it.
+357 22 100 192
Managing Director