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31. Business leaders reject proposal for corporate tax rate increase

We will not proceed with the increase in the corporate tax rate said Finance Minister Haris Georgiades, shortly after business leaders rejected his proposal ...

32. Government in talks with businesses to raise corporate tax rate

Finance Minister Haris Georgiades confirmed reports that the government plans to increase the corporate tax rate from 12.5% to 15%...

33. CBC ready to examine ambiguities in AML laws

34. Cyprus prepares new tourism body launch

A deputy tourism ministry is set to start operations by 2 January 2019, a long-awaited move expected to modernise Cyprus’ tourism industry...

35. New law marks the end of tourism bureaucracy

The House voted this week to scrap the Cyprus Tourism Organisation (CTO), essentially transferring tourism responsibilities from a large bureaucracy to a leaner structure to boost flexibility and competitiveness...