Cyprus Tax Reform Approved by Parliament
23/12/2025
The reformed tax framework enters into force on 1 January 2026. See the key measures introduced.
Discover seamless and high-quality payroll and social security services for your Cyprus-based workforce. We engage in detailed consultations to understand your Human Resource and Payroll requirements, tailoring solutions that benefit both your company and staff. Our dedicated teams in PGE&Co handle all necessary paperwork, communication, and government department interactions for a hassle-free experience.
Services include:
Contact PGE&Co now to explore how our expertise can streamline your payroll and social security processes, providing you with ease of mind and operational efficiency.
23/12/2025
The reformed tax framework enters into force on 1 January 2026. See the key measures introduced.
17/12/2025
The dates provided are Bank and Public Holidays in Cyprus.
15/12/2025
Payroll is often viewed as a repetitive administrative task. In practice, it has developed into a function that requires constant attention to tax rules, employment legislation, and regulatory updates.
17/03/2025
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.
07/03/2025
The Cyprus government has presented its proposals for the upcoming tax reform. Overall, the proposals seem to be in the right direction and are expected to further strengthen the competitiveness and attractiveness of the Cyprus tax system, while at the same time ensuring fairer distribution of the tax burden and redistribution of wealth.
27/02/2025
Cyprus employers, during the first half of 2025 Form TD7 and the PAYE payment will be made monthly through the TFA portal.
21/01/2025
All employers in Cyprus are obligated to register online the Essential Terms of Employment of all their employees by 31 May 2025.
17/01/2025
The Claim for Allowances form has been issued and released by the Tax Department.
28/06/2024
Learn more about the tax treatment and how the deductions for medical insurance schemes are increased from 2024 onwards.
13/06/2024
The deadline for submission of the Employer’s tax return (TD7) for the year 2023 is fast approaching. Stay up-to-date with your statutory obligation and make sure that you avoid the penalty.
18/01/2024
The Claim for Allowances form has been issued and released by the Tax Department.
18/01/2024
Important update relevant to payroll and the contributions to be withheld.
Our flagship service since 1972. With our innovative approach to auditing that goes beyond regulatory mandates, we promote transparency while rebuilding confidence. Assurance is not just about compliance; it's about growing your business.
Bespoke services assisting you in navigating through the complexities of today's business landscape. As trusted advisors we work with entrepreneurs, professionals and businesses, either mature or startups and with teamwork, expertise, and industry insights we ensure that we get the job done effectively.
Our expertise ranges from corporate to personal income tax, social security, VAT, capital gains tax, withholding taxes, and other local taxes. From strategic tax planning to navigating complex tax compliance requirements, we help businesses optimize their operations and mitigate tax-related risks.
We specialize in the preparation and audit of consolidated financial statements, in accordance with the International Financial Reporting Standards. Our expert team ensures that valuable and useful group accounts are prepared, always remaining committed to transparency and integrity.
Businesses in Cyprus are mandated to maintain proper accounting books and records. These records must encompass all financial transactions, including receipts, expenses, sales, purchases, assets, and liabilities. Accurate and complete reports ensure transparency and accountability.
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