Monthly Archives: December 2018

Dear friends and colleagues, We would like to wish you a Merry Christmas and a happy New Year! May the upcoming year deliver on your most ambitious hopes and expectations, may it bring peace and wellbeing to your families, and may your trusted partners be always there for you. With […]


M. Target Group wishes to inform all clients / associates that in 2019 an increase in Social Insurance Fund (SIF) contributions will come in effect. According to the provisions of the Social Insurance Law of 2010, both employer and employee contributions were 7,8% on insurable earnings, as from 01st of […]

Social Insurance contribution increase in 2019

M.Target Group would like to remind you that all Cyprus tax resident companies have to pay the provisional tax based on the estimated current year’s profits (2018) in two installments: 1st installment: 31st July 2018  (please refer to the following announcement regarding extension of the payment deadline until August 31, […]

Provisional Tax in Cyprus – Second installment for 2018