News and insights

From tax year 2025 onwards, Cyprus employers must submit monthly withholding tax (PAYE) declarations through the Tax For All (TFA) system, in addition to the standard annual employer return. This …

Cyprus has officially implemented a major Tax Reform effective from 1 January 2026. The reform was approved by Parliament on 22 December 2025 and the relevant laws were published in …

Season’s Greetings from IBCCS TAX, and best wishes for a successful New Year. Please note that our Limassol, Cyprus office will be closed on the following dates: 24–26 December 2025 …

Time really does move fast – it feels like we’ve only just celebrated our 11th anniversary this past November, and yet we’re already stepping confidently into another year at IBCCS …

Tax Planning for UAE Residents: How to Optimize Your Business Structure and Minimize Taxes The UAE has long been known as a business-friendly jurisdiction, offering zero personal income tax and …

In recent years, many people have asked: Is it safe to buy property in Georgia? This country has become an increasingly attractive destination for real estate buyers. With relatively low …

Cyprus, the gem of the Mediterranean, continues to shine as a premier destination for global investors seeking a secure future within the European Union. In 2025, the Cyprus Permanent Residency …

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. UPDATE 2026: The new tax law …

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 …