Taking extracts from the speech as outlined by the President Mr. Nicos Anastassiades we can highlight a number of key items: 1. Concession of liquidity amounting to 800 million euros for financing of Small and Medium Enterprises, through the Cyprus Entrepreneurship Fund. Beneficiaries will be small and medium-sized enterprises with a maximum staff of 250 […]
The Council of Ministers approved on Friday, the action plan, prepared by the Inter-Ministerial Committee, for the gradual lifting of restrictive measures on flights to and from Larnaca and Paphos Airports and the operation of Airports and Hotels which is summarized below and can be found In Greek Here. The Action Plan provides for 2 […]
In the context of the continuous evaluation of the epidemiological data by the Advisory Epidemiological Committee of the Ministry of Health, and based on the favorable conditions recorded in Cyprus in recent days, last week a proposal was made to the Government to lift the mandatory state quarantine for repatriates. adopted by the Council of […]
Read MoreProcedure to be followed for those now being repatriated to the Republic of Cyprus
The Tax Department informs that the date of submission of the Corporate Income Statement (ΤΦ 4), and Self-Employed with Accounts for the Tax Year 2018, (ΤΦ 1ΛΟΓ) is extended until June 30, 2020 at 23:59. The relevant decree issues can be accessed HERE.
Read MoreTax Department of – Extension of Deadline for specific Tax Submissions
The Council of Ministers approved today the two bills submitted by the Ministry of Justice and Public Order, in consultation with the Ministry of Health, which provide for the increase of penalties in cases where owners or managers of businesses or other areas of economic activity in relation to goods and services, violate Regulations and […]
The House of Representatives today approved two very important government bills as part of a plan to support the economy. The first bill concerns incentives to reduce rents by granting a tax credit equal to 50% of the rent reduction when the landlord reduces the rent for a period of up to three months by […]
The Department of Forests announces that in accordance with the latest Decree (Determination of Measures to Prevent the Spread of COVID-19 Corona) free movements and access is allowed to picnic areas under the maximum 10 people per group including minors limit. It is noted that the use of playgrounds in parks and excursions is excluded […]
Read MoreAnnouncement of the Department of Forests for the use of Picnic Areas
In order to protect workers as well as the public in closed air-conditioned workplaces, such as retail outlets, department stores and large offices from possible air transport and dispersal of the Coronoid (COVID-19), the Department of Labor Inspection has prepared the relevant technical (GUIDE in GREEK.). The Guide aims to minimize the health risks to […]
The Ministry of Labor, Welfare, and Social Insurance announces that 36,500 beneficiaries have been paid on May 21st for the Special Child Care allowance, the Special Sickness allowance, and the Self-employed Special Allowance for the second period of the implementation of the support plans which holds until May 12, 2020. This will be followed in […]
As per latest Ministerial Council, we should expect developments in the relaxation of measures as follows: 21st May • Public Primary Schools and Gymnasiums Open. • 1st-year and 2nd-year Lyceum classes remain closed as do nurseries and kindergartens • Full suspension of SMS-for-movement and of the curfew between 2200-0600. • Gathering of up to 10 […]