We would like to inform you that on 13 September 2021 the Ministry of Labour, Welfare
and Social Insurance announced the provisions of the Social Insurance (Contributions)
(Amendment) Regulations of 2017 (P.I.O. 167/2017) entering into force as the
Decision of the Council of Ministers where each employer notifies the Social Insurance
Services of each employee recruitment not later than one (1) day before recruitment.
It is noted that the notification of new recruitments, terminations, and declaration of terms of employment of its employees will be made only electronically through the
Information System “ERGANI”, which is located on the website : https://ergani.mlsi.gov.cy
Cyprus Tax News
The tax department informs that as from 27 March 2023 all the tax returns with regards to VAT and VIES will be proceeded solely via