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 […]
5 Things You Should Check Before Buying Real Estate in Georgia and How We Help You Avoid Costly Mistakes
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 prices, no restrictions for foreign ownership (except agricultural land), simple registration procedures, and favorable tax conditions, it is easy to see the appeal. From seaside […]
Cyprus Permanent Residency by Investment: Your Ultimate 2025 Guide
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 by Investment Programme, also known as the “Cyprus Golden Visa” or “Category 6(2) Fast Track”, offers non-EU nationals an unparalleled opportunity to gain lifetime residency […]
Confirmation of Ultimate Beneficial Owner (UBO) Information in Cyprus Beneficial Ownership Register 2025
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 Ultimate Beneficial Owners (UBOs). This obligation is part of Cyprus’s compliance with the European Union’s Anti-Money Laundering (AML) directives and the Prevention and Suppression of […]
Cyprus Provisional Tax for 2025: A Complete Guide for Businesses
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, and potential penalties. In this blog post, we’ll guide you through everything you need to know – from estimating your tax liability to submitting payments […]