When Do You Need to File an Annual Return in Cyprus?
When Do You Need to File an Annual Return in Cyprus? Filing an Annual Return (HE32) is a crucial compliance requirement for all registered companies in Cyprus. As per the Companies (Amendment) Law 2024, N.18(I)/2024, failure to file on time may result in financial penalties. Here’s what you need to know about when and how […]
Late Fees for Filing Financial Statements in Cyprus: What You Need to Know
Late Fees for Filing Financial Statements in Cyprus: What You Need to Know The Department of the Registrar of Companies and Intellectual Property has announced a significant amendment to the Companies Law, as per the Companies (Amendment) Law 2024, N.18(I)/2024. Published in the Official Gazette of the Republic on March 5, 2024, this amendment sets […]
Step-by-Step Guide to Setting Up a Cyprus Company in 2025
Step-by-Step Guide to Setting Up a Cyprus Company in 2025 Why Set Up a Company in Cyprus? Cyprus is one of the most attractive destinations in Europe for company formation due to its low corporate tax rate of 12.5%, extensive network of double tax treaties, and a business-friendly legal framework. Whether you are an entrepreneur, […]
Important Update: Transition to TFA System for TF7 Declarations
Important Update: Transition to TFA System for TF7 Declarations Connor Corporate Services Ltd is committed to keeping employers informed about regulatory changes that impact compliance processes. Starting in mid-2025, the Tax Department will mandate the exclusive use of the TAX FOR ALL (TFA) system for submitting Withholding Tax & Contributions (TF7) Declarations and related payments. Here’s what you […]
How to Obtain Official Company Certificates in Cyprus
How to Obtain Official Company Certificates in Cyprus Obtaining official company certificates in Cyprus is essential for various legal and administrative purposes, such as opening bank accounts, verifying company details, and conducting due diligence. These certificates are issued by the Department of Registrar of Companies and Intellectual Property. Types of Company Certificates Available in Cyprus […]
UBO Register Cyprus Update 2025
UBO Update 2025: Key Changes in Cyprus Beneficial Owners Register The Department of Registrar of Companies and Intellectual Property (ROC) has introduced critical updates to the Ultimate Beneficial Owners (UBO) Register framework in Cyprus. These changes, effective January 2025, reflect the government’s continued commitment to corporate transparency and compliance with anti-money laundering (AML) regulations. Businesses […]
Cyprus Company Registration: Benefits, Types, and Key Considerations
Cyprus Company Registration: Benefits, Types, and Key Considerations If you’re considering Cyprus company registration, you’re exploring one of the most business-friendly environments in the European Union. With a strategic location, favorable tax policies, and a streamlined incorporation process, Cyprus is a hub for entrepreneurs and corporations alike. At Connor Corporate Services Ltd, we specialize in […]
Parliament Waives 2024 Cyprus UBO Fines
Parliament Waives 2024 Cyprus UBO Fines Connor Corporate Services Ltd is excited to share an important update regarding the recent changes in Cyprus’ Ultimate Beneficial Owner (UBO) regulations. These legislative amendments, unanimously approved by the Cyprus Parliament, mark a pivotal shift towards simplifying compliance while addressing the concerns of businesses operating in the country. Key […]
Comprehensive Guide to Company Registration in Cyprus: Requirements and Process
Comprehensive Guide to Company Registration in Cyprus: Requirements and Process Establishing a company in Cyprus offers businesses numerous benefits, from strategic location to favorable tax regulations. At Connor Corporate Services Ltd, we specialize in making the process of registering a Cyprus company seamless and efficient. This guide explains the essential steps, requirements, and options available […]