Monthly Archives: November 2018


In the furtherance of current anti-money laundering policies, the Central Bank of Cyprus has issued an additional Circular Letter DD 02.11.2018 offering revised and more extensive definitions of ‘shell companies/entities’ as well as recommendations on the relevant customer acceptance and risk evaluation procedures for local banking institutions. Please find enclosed […]

New Circular from the Central Bank on “shell companies”


M. Target Group would like to inform you that the TAXISnet system now enables you to make (if needed), changes/corrections to your income Tax Returns already submitted for the tax year 2017. Please note that the above applies strictly for the period until 30th of November 2018, following which the […]

Tax Department – Correction of Income Tax Return 2017


31 December Payment of the second installment of the 2018 provisional tax. Payment of special contribution for defense in relation to rents, dividends or interest from sources outside Cyprus for the second six months of 2018 (Form IR601). Payment of premium tax for life insurance companies – third and last […]

Cyprus Tax Deadlines: December 2018