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Cyprus Extends Deadline for Tonnage Tax Regime for COVID-19 and Clarifies VAT Payment Suspension

|Approved Changes|Cyprus
Cyprus

The Cyprus Press and Information Office has published a release from the Shipping Deputy Ministry on support for shipping companies in response to COVID-19. This includes an extension of the deadline for the payment of the Cyprus Registry Maintenance Annual Fee and the tonnage tax of Cyprus ships from 31 March 2020 to 31 May 2020.

The Press and Information Office has also published a release from the Tax Department on the suspension of payment of VAT in the framework of the COVID-19 suppor…

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