In 2025, Cyprus continues to strengthen its regulatory framework regarding transparency in corporate ownership. All legal entities incorporated or registered in Cyprus are required to maintain accurate information on their …
In 2025, Cyprus continues to strengthen its regulatory framework regarding transparency in corporate ownership. All legal entities incorporated or registered in Cyprus are required to maintain accurate information on their …
IBCCS TAX, a leading international tax and accounting advisory firm, is proud to announce the selection of its Georgian branch, IBCCS TAX Georgia, as an official consulting partner under the …
As of Monday, 7 July 2025, Cyprus officially began accepting applications for the EU Blue Card, a new residence and work permit designed to attract highly skilled non‑EU professionals to …
For companies and self-employed professionals in Cyprus, managing tax responsibilities is crucial. In 2025, a key obligation is the payment of provisional tax. Provisional tax involves specific deadlines, calculation rules, …
On 30 April 2025, the Tax Department of Cyprus announced that the Individual’s Personal Income Tax Return for the tax year 2024 (Form I.R.1) is now accessible for electronic submission …
We are excited to announce that IBCCS TAX will be attending the Island Conference (i-Con) 2025 — one of the most important business events in Cyprus, bringing together top professionals …
Introduction Starting a business in the UAE has many opportunities. But, choosing the right business structure is key to success. The UAE offers different business structures to fit various needs. …
The United Arab Emirates (UAE) is known for being business-friendly, having low taxes, and being in a great location. This makes it a popular choice for people who want to …
Cyprus is preparing to roll out significant tax reforms designed to modernise its tax system while preserving its status as an appealing business destination. The Economics Research Centre (CypERC) has …
Setting up a holding company in Estonia is one of the most strategic moves an international investor or entrepreneur can make. With its favourable tax regime, digital infrastructure, and strong …
During the period from 1st October to 31st December of each calendar year, every entity in Cyprus must confirm electronically its beneficial owners. The Department of Registrar of Companies and …
Entrepreneurs operating in the Georgian market, it’s time to mark your calendars and start taking action! Recent legislative changes to the Entrepreneur Law will change the business landscape. By April …
The Cyprus Tax Department issued Circular 4/2024 in July 2024, regarding the exemption from income tax of 50% of the remuneration from employment exercised in Cyprus, as per the amended …
In December 2021, the European Commission published the first proposal for the Anti-Tax Avoidance Directive 3 (ATAD 3). Its goal is to tackle the abuse of companies that do not …
As of November 1, 2023, the Trust Company of the Marshall Islands has implemented a penalty fee of USD 500 for entities failing to adhere to Economic Substance Reporting (ESR). …
On March 13, 2024, the European Parliament approved the world’s first harmonized regulatory act, The AI Act (hereinafter referred to as “The Act”), establishing a groundbreaking legal framework for Artificial …
The United Arab Emirates is no longer a zero-tax jurisdiction. We were informing about this major shift in our article, back in June 2023: https://ibccs.tax/uae-corporate-tax/ Certain exemptions apply, however many …
As of March 1, 2024, the new law in Georgia, “On Personal Data Protection,” has been enacted (Hereinafter – “Law”). Certain provisions of this Law will take effect on June …
