News & Updates

July 2017

Update on the Tax Treatment of intra-group back-to-back Financing Agreements

Further to the recent amendments introduced in Cyprus as to the Tax Treatment of intra-group back-to-back Financing Agreement, as of the end of June 2017 the Tax Department in Cyprus has released
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May 2017

Cyprus – Partnerships Revisited

Partnership Law has a long-standing background in Cyprus, but it is worth noting that it has received a notable update in October 2015,
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Cyprus Tax Department announcement

The Cyprus Tax Department has announced that it is extending the deadline for the submission of the Income Tax Return for Employees for the tax year 2016 for the electronic submissions via Taxisnet.
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G. Vrikis & Associates LLC Awarded

G. Vrikis & Associates LLC has been awarded by the Corporate INTL Magazine as the “Corporate Tax Law Firm of the Year in Cyprus”, in the context of 2017 Corporate INTL Legal Awards.
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April 2017

Cyprus – Iran Double Tax Treaty

In continuation of the ratification of the Cyprus-Iran Double Tax Treaty in January 2017, the Cyprus Government has announced that the Cyprus-Iran Double Taxation Treaty has now entered into force and will come into effect as from the 1st January 2018.
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Inclusion in Legal 500 EMEA 2017

We are proud to announce that the law firm of G. Vrikis & Associates LLC has been ranked amongst the top law firms in Cyprus and has been included in the Legal 500 EMEA 2017 results. We are now recommended by the prestigious publication for our practice in the field of Corporate, Commercial and Mergers & Acquisitions.
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March 2017

Cyprus – Loans Between Related Parties To No Longer Have Minimum Acceptable Margins

In accordance with relevant notification by the Cyprus Tax Department, there will be a termination of the current tax practice in relation to the minimum acceptable margins on loans granted to related parties.
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