Yearly Archives - 2013

Duration of validity of cheques

The Central Bank of Cyprus announced that, following a decision by the Cyprus Clearing House for cheques, the duration of the validity of cheques issued with a date post 31/03/2013 increases from 3 months to 6 months from the date of issue. In addition, the duration of the validity of...

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CHANGES TO TAX RATES

The Republic of Cyprus has made a number of changes to its tax rates pursuant to the implementation of the decision of the EuroGroup. The most relevant changes are described and analysed below: Increase in the Corporate Tax rate The corporate tax rate is increased from 10% to 12.5%, with effect as...

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