CosmoCo Ltd

Warm Easter wishes to our valued clients and partners. May this season bring growth, positivity, and new opportunities for all!

During holidays, our offices will be closed from the 10th to 14th of April, inclusive. On the 9th of April, our offices will be open until 14:00.

On 26 March 2026, the Tax Department has announced an extension for the submission of 2023 Income Tax Returns and the Summary Information Table (SIT). New Deadline: 30 April 2026.

Deadline Extension for 2023 Tax Returns & SIT Submissions On 26 March 2026, the Tax Department has officially announced an extension for the submission of 2023 Income Tax Returns and the Summary Information Table...

2024 Personal Income Tax returns (TD1) submission deadline extended -

2024 Personal Income Tax returns (TD1) submission deadline extended The deadline for the electronic submission of the 2024 personal income tax returns (TD1) and the payment of 2024 personal tax has been extended to 15 October 2025. This extension and obligation for submission applies to:

2025 Temporary Tax Assessment - https://mailchi.mp/717d38cab9a6/temporary-tax-assessment-2025

The deadline for the submission of 2024 Personal Income Tax returns (TD1) has been extended to 30 September 2025

2024 Personal Income Tax returns (TD1) submission deadline extended The deadline for the electronic submission of the 2024 personal income tax returns (TD1) and the payment of 2024 personal tax has been extended to 30 September 2025. This extension and obligation for submission applies to:

May this Easter bring renewal, peace, and moments of joy to you and your loved ones!

During holidays, our offices will be closed from the 18th to 22nd of April, inclusive. On the 17th of April, our offices will be open until 14:00.

The Tax Department issued an announcement informing taxpayers that the official deadline for submitting the Income Tax Return for Companies (TD4) and for Self-Employed individuals with an obligation to prepare accounts (TD1) for the tax year 2023, by persons who do not have an obligation to submit a Summary Information Table regarding Controlled Transactions, is 31 March 2025. Read more at: https://cosmoco.com.cy/en/latest-news/248-2023-td1-td4

The Minister of Labour and Social Insurance issued a decree establishing a mandatory requirement for employers to register the essential terms of employment for all employees in the Ergani system.

Read more at: https://cosmoco.com.cy/en/latest-news/248-new-ergani-requirements

CosmoCo Ltd wishes you Merry Christmas & Happy New Year! - https://mailchi.mp/0245508fd5b2/merry-christmas-happynewyear

Important amendments in the context of the Cyprus UBO Register - https://mailchi.mp/f67b744689f2/important-amendments-in-the-context-of-the-cyprus-ubo-register

Deemed Dividend Distribution 2024 -

Deemed Dividend Distribution 2024 Every Cyprus tax resident company must declare, at least, the 70% of its accounting profits for the year 2022 by 31 December 2024 and pay the special contribution for defence of 17% and National Health Contribution of 2,65% by 31 January 2025. Deemed Dividend Distribution (DDD) provisions According....

Second instalment of 2024 temporary tax assessment is due on 31 December 2024.
Read more at:

2024 Temporary Tax Assessment (second instalment) We would like to remind you for the requirements of the Cyprus Tax Legislation (Assessment and Collection Law as amended in 2002, article 24) regarding the filing of temporary tax returns and relevant temporary tax payments for the year 2024. Revision of the Temporary Assessment form All companies m...