APRIL 2025

Your BRIEFCASE, full of news, updates and insights.

A curated blend of the latest accounting, tax, and audit updates, alongside industry news and essential insights, ensuring you stay ahead in the business game.

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Cyprus Secures Credit Rating Upgrades from Fitch, Moody’s, S&P

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Cyprus has garnered notable acknowledgment from the three leading credit rating agencies, Fitch Ratings, Moody’s and S&P.

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Proposals for Cyprus Tax Reform 2025

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These proposals are currently under public consultation and following approval by the Council of Ministers and the House of Representatives, are anticipated to be enacted by 2026.

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Sleeves Up 2025
Community Blood Donation in Limassol

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You're invited to Sleeves Up 2025, a community Blood Donation event organized by P.G. Economides & Co Ltd, Totalserve and E&G Economides LLC - united in a mission to give back.

This Blood Donation Event isn't exclusive - it's INCLUSIVE.

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Monthly Employer’s Tax
Declaration through TFA

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During the first half of 2025, the filing of Employer’s Tax Declarations (Form TD7) in Cyprus and the payment of the corresponding PAYE will transition to a monthly process through the Tax For All (TFA) system.

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Cyprus employers must register their employees in "ERGANI"

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All employers in Cyprus are obliged to register the Essential Terms of Employment for all their existing and new employees, in the “ERGANI” information system by 31 May 2025.

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Taxation of large MNEs

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A minimum global tax rate of 15% is applied specifically to MNE groups and large domestic groups within the EU, that have annual consolidated revenues exceeding €750 million.

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PGE&Co at Non-Doms Gathering at the LSE

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PGE&Co sponsored and participated in the Non-Doms: The Cyprus Private Client Offering Gathering 2024, held on December 4th, at the London Stock Exchange.

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Cyprus Tax Diary 2025

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All the important deadlines regarding submissions of tax forms and various payments such us PAYE, GHS, income and provisional tax, and more.

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PGE&Co | P.G. Economides & Co Ltd

30 Gr. Xenopoulou, 3106, Limassol, Cyprus

www.pgeconomides.eu

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