News

Update on the Maximum Number of People for Service in Restaurants

In the light of the very good epidemiological picture observed in Cyprus recently, the Ministry of Health has updated the Protocol (in Greek here) concerning the operation of catering facilities, which enters into force on 1 July 2020. Specifically, the revised Protocol amends the following in relation to the maximum number of persons that can […]

Isolation at home for cases of the COVID-19 disease or their close contacts and arrivals in Cyprus from category C countries

On the basis of the favourable conditions prevailing in Cyprus in the last few days, the Epidemiological Monitoring Unit of the Ministry of Health emphasizes that there must not be any relaxation on the part of the citizens of the various protection measures, which are necessary to prevent the spread of the coronavirus. The protection […]

The plans for the period 13-30 June have been posted on the special website of the Ministry of Labor

The Ministry of Labor, Welfare and Social Security announces that the applications for all the Special Plans for the period from 13 June 2020 to 30 June 2020 have been posted on the special website www.coronavirus.mlsi.gov.cy. We remind you that that the Special Plans for which applications are submitted for the above period are as […]

“A new Tax Gateway” is the new electronic service of the Department of Taxation

The Tax Department informs that the new electronic service of the Tax Department called “Tax Gateway” will be operational within a few days. The “Tax Gateway” is a central point of service where citizens and businesses will be able to be informed directly or through their representatives about debts and payments to the Department. They […]

Newer Updates by Minister of Finance on the three economic measures previously announced and where they stand

The Minister of Finance Mr. Constantinos Petrides made update statements on three economic measures to support businesses that can be found in Greek HERE. The first concerns the announced interest rate subsidy plan for new housing loans, the aim of which is to support households in concluding loans for private housing purposes. Today, together with the Banking […]

Ministry of Labor: Termination of four-digit number 1433

The Ministry of Labor, Welfare and Social Security informs that the operation of the pan-Cypriot four-digit number 1433 has been terminated, due to the fact that the Special Plans implemented by the Ministry of Labor, Welfare and Social Insurance for the period from 16 March 2020 to 12 June 2020 have been completed. The team […]

Exit Taxation and Hybrid Mismatch Rules Adopted by Cyprus on 19th June – Courtesy of EY

As per EY press release on 19 June 2020, the Cypriot House of Representatives adopted the law to implement the provisions of the European Union (EU) Anti-Tax Avoidance Directive1 (ATAD I) with respect to exit taxation rules, as well as, the provisions of the amending Directive2 (ATAD II) with respect to hybrid mismatch rules (the […]

Epidemiological risk assessment of countries concerning COVID-19

Following the opening up of the country’s borders as of June 2020, the epidemiological situation of various countries with regard to the COVID-19 disease has been reevaluated and new countries have now been added to the categories below. The evaluation is always based on the epidemiological indicators of the countries, such as: the real reproduction […]