Elias Neocleous & Co LLC is the largest law firm in Cyprus and a leading firm in the South-East Mediterranean region, with a network of offices across Cyprus (Limassol, Nicosia, Paphos), Belgium (Brussels), Czech Republic (Prague), Romania (Budapest) and Ukraine (Kiev). A dynamic team of lawyers and legal experts deliver strategic legal solutions to clients operating in key industries across Europe, Asia, the Middle East, India, USA, South America, and China. The firm is renowned for its expertise and jurisdictional knowledge across a broad spectrum of practice areas, spanning all major transactional and market disciplines, while also managing the largest and most challenging cross-border assignments. It is a premier practice of choice for leading Cypriot banks and financial institutions, preeminent foreign commercial and development banks, multinational corporations, global technology firms, international law firms, private equity funds, credit agencies, and asset managers.
One of the Tax Department's main priorities is to streamline and modernise its processes and make it more convenient for taxpayers to deal with the department by facilitating the electronic submission...
One of the Tax Department's main priorities is to streamline
and modernise its processes and make it more convenient for
taxpayers to deal with the department by facilitating the
electronic submission of tax returns and payments, thus removing
the need to visit a tax office.
The electronic submission of income tax and value added tax
returns is now mandatory and the department is undertaking a
large-scale public information programme to help taxpayers make the
change.
In time for the first self-assessment payments in respect of
income tax for 2018, which are due before the end of July 2018, the
Tax Department has announced that it has reorganised and upgraded
its content on the JCCsmart online payments portal to make it more
user friendly and facilitate online payment.
Tax payments which do not include interest or penalties can be
made only via the JCCsmart website. Only late payments, payments of
revised self-assessments and payments of capital gains tax can be
made at tax offices.
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