2023 Cyprus tax return deadline extended until 31 October 2024.

For the past two decades, we have witnessed an unrelenting rise in taxes across all sectors. Governments have consistently found reasons and excuses to justify these increases, burdening citizens with a growing financial load.

Instruct ProACT today to minimise your taxes in Cyprus & file your return on time.

Cyprus has long been favoured by expatriates for its favourable tax regime, particularly appealing to those with non-domicile status. This status can offer significant tax savings, but there are new updates and requirements that expats need to be aware of to remain compliant with Cypriot tax laws.

Over the past decade, Israel and Cyprus have forged increasingly close economic bonds, marking a significant trend in the Mediterranean's business landscape.

ProACT will have limited availability on public holidays.

In an increasingly connected world, the opportunity to work remotely from picturesque locations like Cyprus, while being employed by a company based in the UK or elsewhere in Europe, is an attractive proposition for many. However, this dream scenario comes with its own set of tax and social insurance complexities that remote workers need to navigate. Here’s what you need to know if you find yourself in this situation.

In today’s digital economy, remote working has become the norm for many contractors, and Cyprus is emerging as a haven for those looking to optimise their tax situation. The Cypriot tax system presents an opportunity for remote contractors to benefit from 0% tax, whether they operate with or without a Personal Service Company (PSC).