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 …
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) remains one of the most attractive jurisdictions for entrepreneurs and international businesses due to its strategic location, modern infrastructure, and efficient business setup processes. However, …
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 …
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 …
We are highlighting 10 changes in laws and regulations that came into force this year or are expected soon. 1. Introduction of 15% Global Minimum Tax At the end …
In 2011, Georgia made a resolute move towards global financial transparency by embracing the Common Reporting Standard (CRS), an international framework developed by the Organization for Economic Co-operation and Development …
Transfer pricing is a very important and current topic in tax planning – effective as from January 2022 in Cyprus, with some amendments that have just been announced by the …
Incorporating the latest amendments to the New Law on Entrepreneurs, updated deadlines have been established for entrepreneurs registered in Georgia until January 1, 2022, to bring their registered data into …
