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Flying mostly under the media radar, last month the ministry council approved a number of new measures that are included in the approved 2018 Government of Cyprus budget.
Some notable highlights include:
Finally, also worth noting, are the new tax amendments that should strengthen the existing tax regime in Cyprus with:
In light of the above we believe that Cyprus is entering a new legislative era and is finally modernising its public services. The improvements have long been overdue and can only be beneficial to all professionals and to the island’s economy as a whole!
The author of the article is Constantinos Economides.
Posted on Nov 02, 2017
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