Coronavirus: Innovation, energy, investment the way out of crisis says president
The government aims to help the economic sectors stricken by the pandemic but also to invest in alternative areas with emphasis on the relocation of...
tax incentives
Coronavirus: Government rejects pleas for direct subsidies on rents
The government on Monday held fast to its refusal to directly subsidise tenants suffering the economic impact of coronavirus-related restrictive mandates, insisting instead that offering...
New tax bills seek to lure foreign high earners to Cyprus
MPs on Monday began discussing two government bills involving tax incentives aimed at luring high earners who are foreign nationals, so that they make Cyprus...
Coronavirus: Chamber of Commerce outlines measures to kickstart economy
The Cyprus Chamber of Commerce (Keve) on Sunday proposed a series of recommendations on supporting the economy to kickstart it back to life after the...
Trouble in Olivewood as MPs row over film tax incentive law
Opposition parties cried foul on Wednesday over a law concerning tax breaks brought in to kick start Cyprus as a foreign film location – dubbed...
Disy-Diko prepare package to reward reliable borrowers
By George Psyllides RULING Disy and opposition Diko have joined forces to prepare a “social package” that will include a cut in fuel tax and...
Tax incentives for filmmakers only available for companies
Only companies and not private individuals will be eligible for tax allowances and credits from the Invest Cyprus scheme to encourage the production of films...
Scheme to attract lucrative foreign film industry
Cyprus is seeking a stake in the film and TV industry following the cabinet’s approval of a scheme to attract overseas productions with a package...
New tax breaks to boost start-up sector
THE government has approved a package of tax incentives to boost the start-up sector and innovation in Cyprus, undersecretary to the president Constantinos Petrides announced...
Tax breaks for fund managers
By Annette Chrysostomou CYPRUS plans to introduce a triad of tax incentives to attract high net worth fund managers to the island, including slashing by...
Tax breaks aim to lure rich foreigners
By George Psyllides PRESIDENT Nicos Anastasiades on Wednesday announced tax incentives, including a 50 per cent cut in property transfer fees, to boost economic activity...