EY is a global leader in assurance, tax, transactions and advisory services.
With more than 250,000 people in 152 countries around the world. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.
Our detailed publications which cover all industries and topics will empower you to make more informed decisions about the changing market environment.
Information regarding the Cypriot tax system for the tax year 2018 which is based on the Cypriot legislation and tax practices.
Locally, we provide a range of industry specialists and specialised services across various sectors such as Financial Services (asset management, insurance, banking, trusts and pensions); Energy, Chemicals & Utilities; Technology, Communications & Entertainment; Retail & Consumer Products; Real Estate; Industrial Products; and Health Sciences.
The Cyprus-Russian Business Association authorized EY Cyprus to conduct the first survey, Russia Doing Business in Cyprus 2017 – Measuring Quality and Efficiency, amongst Russian business people residing and/or operating in Cyprus.
Lightweight Plastic Carrier Bags Taxation
As from 1 July 2018, each lightweight plastic carrier bag sold in Cyprus is subject at minimum of €0.05 plus 19% VAT. Further to such EU Directive harmonisation, the sellers of goods availing lightweight plastic carrier bags to their customers are no longer allowed to freely distribute these bags.
EY helps clients reignite growth through optimizing sales and marketing investments and returns, enabled by realistic and implementable growth strategy, advanced commercial analytics and differentiated capability deployment.
In response to growing demand from family businesses in Cyprus for expertise and thought leadership focused on strategic growth, succession planning and agile management, EY in partnership with the Cyprus Chamber of Commerce and Industry (CCCI) conducted our first Family Busines
Our reputation is based on providing high-quality, professional audit services, and we continue to embrace the transparency objectives established by the European Union.
This publication is intended to be simply an introduction to the Cypriot business environment, regulation and legislative and tax frameworks. It aims to answer many of the questions we most frequently hear from potential investors.