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The article provides a comprehensive guide to understanding health insurance in Cyprus, covering both the public system (GESY) and private options. It explains how GESY offers universal coverage funded through taxes and social contributions, while private insurance provides additional benefits...

Obtaining a tax number in Cyprus is essential for legal and financial activities such as filing tax returns, opening bank accounts, securing employment, and conducting business. The process involves gathering necessary documents like identification and proof of address, visiting the...

Cyprus is divided by the Green Line, a UN-monitored demilitarized zone separating the Republic of Cyprus from the Turkish Republic of Northern Cyprus. This article provides essential information on navigating this border, including key crossing points and required documentation for...

The article outlines significant tax changes in Cyprus for 2024, including adjustments to individual income tax brackets and exemptions, corporate tax reforms, social insurance contributions, capital gains tax rules, land transfer fees, stamp duty rates, special defence contribution updates, VAT...

The article provides an overview of the tax implications for rental income in Cyprus, distinguishing between short-term and long-term rentals. It covers key aspects such as income tax rates, GESY contributions, VAT obligations, and special defence contribution (SDC) requirements to...

The article provides an overview of Cyprus tax law for companies in 2024, highlighting competitive corporate tax rates, special defense contributions on passive income, capital gains tax adjustments, and the benefits of double taxation agreements. It also emphasizes the importance...

Cyprus boasts a rich and diverse culture shaped by various historical influences, including Greek, Phoenician, Roman, Byzantine, Ottoman, and British. The island's cultural identity is reflected in its language diversity (Greek Cypriot and Turkish Cypriot), religious practices (Orthodox Christianity and...

Cyprus is an attractive destination for dividend investors due to its low tax rates, extensive double tax treaties, and various exemptions. Understanding the rules and benefits of Cyprus' dividend taxation can help investors optimize their returns while ensuring compliance with...

Cyprus, an island in the Mediterranean, features a rich cultural tapestry influenced by Greek and Turkish traditions due to its strategic location and diverse history. The guide explores various aspects of Cypriot culture including festivals, cuisine, religious practices, and artistic...