The fiduciary services industry in Cyprus has entered a new regulatory and operating environment following the enactment of the long‑anticipated tax reform. The reform, which came into effect on 1 January 2026, represents the most comprehensive overhaul of the Cyprus tax system in more than two decades. For fiduciary service providers, the reform is not…
Several countries have either banned, or are moving towards banning, access to certain generally available apps amongst under 16s. This has largely been driven by concerns about mental health, safety and the influence of algorithms on young minds. Whilst the reasons behind these initiatives are certainly laudable, they also raise a question as to whether…
The construction sector in Cyprus is navigating a rapidly evolving tax and VAT landscape in 2026. The Cyprus tax reform introduced certain key legislative changes that came into effect on 1 January 2026. Furthermore, even though VAT was not part of the tax reform, significant VAT changes are also being implemented. As a result, property…
Digital transformation has become a defining force in the software development industry. While software companies have always operated in the digital space, today’s transformation goes far beyond simply adopting new tools. It represents a fundamental shift in how software is designed, developed, delivered, and continuously improved. Organizations are rethinking processes, culture, architecture, and customer engagement…
The tax authorities have announced that the filing deadline for both the qualifying domestic minimum top-up tax and the top-up tax under the income inclusion rule (IIR) has been extended. Qualifying Domestic Minimum Top-Up Tax The filing deadline for reporting years that start on 31 December 2023 or later, and reporting years ending on 1…
