2020

The Law Regulating Companies Providing Administrative Services and Related Matters of 2012 (the Law) has been further amended on 17/08/2020.

Cyprus Government Gazette published amendments to the Cyprus Income Tax Law.

In Cyprus, the process of gradual lifting of restrictive measures began in May, but Cyprus Government maintains and extends measures to support businesses and citizens.

he Commission has published a comprehensive Action Plan on combating money laundering and terrorist financing.

In 2020, the deadlines for submitting financial statements in accordance with CRS and FATCA standards has changed.

The financial regulatory agency of Cyprus (CySec) has changed some due date obligations for issuers, providers and funds.

Currently, when most of us work remotely, we would like to inform you once again that all specialists of Korpus Prava remain in touch.

The Russian government has approved the concept of developing a tax monitoring system.

On March 1, 2020, the President of the Russian Federation signed the Federal law "On Antimonopoly compliance".

OECD released public consultation document that is based upon the mandate set out in the BEPS Action 13 report.

At the end of 2019 Cyprus municipalities introduced a new tax for Cyprus companies called Professional Tax.