LATEST NEWS

Cyprus Individual Income Tax Returns 2025: Administrative Relief Until 30 November 2026

,

The Cyprus Tax Department has announced an administrative relief period until 30 November 2026 for the submission of 2025 Individual Income Tax Returns and payment of personal income tax, without administrative penalties.

Cyprus Transfer Pricing Update 2026: Revised Financing Rates and New Reporting Requirements

,

The Cyprus Tax Department has revised the simplification rates for related-party financing arrangements and introduced a new reporting requirement, effective from tax year 2026.

Cyprus News: Deregistration of Companies for Non-Payment of Annual Levy

,

The Department of the Registrar of Companies and Intellectual Property has announced that, in December, it will commence the process of striking off companies from the Register pursuant to Article 327(2A)(b) of the Companies Law, Cap. 113. The process will apply to companies that have failed to pay the Annual Levy due under Article 391 […]

Andersen in Greece Named Greece Tax Advisory Firm of the Year at the ITR Europe Tax Awards 2026

,

Andersen in Greece has been named Greece Tax Advisory Firm of the Year at the ITR Europe Tax Awards 2026, held in London on 17 September 2026. Organised by International Tax Review (ITR), the annual Europe Tax Awards recognise the achievements of leading tax advisory and law firms, in-house tax teams and individual practitioners across Europe….

Why Cyprus

A vast number of international business companies have been registered in Cyprus.
Cyprus is a modern, cosmopolitan commercial centre offering investment opportunities across a wide range of sectors.
A member of the European Union since 2004 (and the European Monetary Union since 2008), Cyprus offers quality, efficiency and transparency when conducting business transactions.

Andersen in Cyprus is an independent tax firm with a worldwide presence through the member firms and collaborating firms of Andersen Global