Georgia Corporate Tax Rules: Estonian Model, 15% on Distributions & Compliance
Navigating the tax landscape is a critical step for any business considering expansion or relocation. Georgia has emerged as a favourable destination for international businesses and entrepreneurs thanks to its competitive tax policies and business-friendly environment. If you are planning operations in Georgia, the safest starting point is to understand how corporate income tax (CIT) […]
Cyprus Personal Income Tax in 2026: Rates, Tax Brackets and What Individuals Should Know
Updated for the Cyprus tax reform effective from 1 January 2026. If you’re searching for “Cyprus personal income tax”, you typically want three things: the current tax rates, the tax brackets, and a simple explanation of how the calculation works in real life. Cyprus is relatively straightforward once you understand one key concept: it’s a […]
Cyprus Stamp Duty for Property Buyers: Abolished from 1 January 2026 (What It Means for Buyers)
Cyprus stamp duty for buyers has been abolished from 1 January 2026. For Cyprus property buyers, the practical impact is straightforward: property sale contracts executed from that date are no longer subject to stamp duty. This removes one mandatory cost and one extra administrative step at the contract-signing stage. In this guide, we explain what […]
Cyprus Minimum Wage 2026: Current Rates, Who It Applies To and What Employers Should Do
Cyprus updated the national minimum wage from 1 January 2026. The system has two monthly levels: one for new hires and a higher rate once an employee completes six months of continuous employment with the same employer. Employers should make sure payroll applies the change correctly – especially when the 6-month increase becomes due and […]
Is Your Cyprus Company Substance-Ready for 2026?
Economic substance is no longer a “nice-to-have” – it is a core compliance requirement for Cyprus companies, and it is being reviewed more closely than ever by the Cyprus Tax Department, financial institutions, and international tax authorities. For many businesses, substance is now the factor that determines whether a Cyprus company is viewed as genuinely […]
Cyprus Payroll Tax Updates 2025+: Monthly TD7 (ΤΦ7 / IR7) PAYE Declarations in Tax For All (TFA)
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 change affects most Cyprus companies, including those with low or nil withholdings, and introduces new reporting deadlines and payroll compliance routines. Cyprus payroll compliance has […]
Cyprus Tax Reform 2026: What Changed From 1 January and Why It Matters
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 the Government Gazette on 31 December 2025. The objective is clear: align Cyprus with international standards while maintaining a competitive and business-friendly environment for international […]
Season’s Greetings and our Cyprus office opening hours
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 31 December 2025 1 January 2026 6 January 2026 If you have any ongoing matters to discuss, please feel free to contact our team. […]
IBCCS TAX Celebrates 11 Years of International Tax & Business Advisory
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 with the same energy, ambition and excitement for what’s ahead. Before we fully dive into new projects and plans, we wanted to share a […]
ZERO TAX for UAE Residents? How to Legally Use Foreign Companies (Cyprus, Malta, Georgia & More!)
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 attractive corporate tax benefits. However, with the introduction of a 9% corporate tax in 2023, many business owners and professionals in the UAE are seeking […]