July registers record number of tourist arrivals
Nicosia - July 2019 registered the highest volume of tourist arrivals ever recorded in Cyprus for the specific month. Tourist arrivals reached 550,971 in July 2019 compared to 539,626 in…
EU loses €150 billion in VAT revenues annually
Limassol - The European Union (EU) loses more than 150 billion in Value Added Tax (VAT) revenues every year, Tax Commissioner, Yiannis Tsangaris, revealed last week. Addressing the international 20th…
Limassol in top 100 cities for quality of living
Limassol has been ranked among the 100 best cities in the world to live in by Mercer’s latest Quality of Living ranking. It was ranked 86th from a total of…
FBME bank loses appeal against Cyprus
The Paris-based arbitration court of the International Chamber of Commerce on Tuesday ruled in favour of the Republic of Cyprus in an appeal filed against the country by the owners…
Alexis Tsielepis appointed on the Board of THOC
Limassol - Well-known tax expert, Alexis Tsielepis, has been appointed on the Board of Directors of the Cyprus Theatre Organisation (THOC). The Managing Director of Chelco VAT Ltd was appointed…
Nicolas Papapanayiotou makes partner with CT&Co
Limassol - Director and Head of Taxation with Costas Tsielepis & Co Ltd, Nicolas Papapanayiotou, has been offered a partnership with the firm. He made partner on 1 January 2019,…
Cyprus introduces Film Tax Scheme
Cyprus recently introduced a highly lucrative Film Scheme with the aim of providing tax incentives to film production companies. The tax incentives encourage international producers to choose Cyprus as their…