Dec 19 22

TAX DIARY – UPCOMING DEADLINES

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31 December 2022• Submission of a revised provisional tax return (if applicable) and payment of the 2nd instalment of provision tax• Payment of Special Defence Contribution (SDC) and General Health System Contributions (GHS) on rents, dividends and interest received from abroad for the period July – December 2022• Payment of annual compa...

Mar 19 21

Register of beneficial owners

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The Registrar of Companies and Official Recipient Department announced the launch of electronic service where the details of the Real Beneficiaries of Companies and other legal entities will be submitted. The deadline for companies to submit this information is 6 months. Companies registered on 16 March 2021 onwards are granted a time limit of 30 d...

Feb 9 19

Increase of Social Insurance Contributions and commencement of contributions for GeSy for 2019

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Increase of Social Insurance contributions As per the Social Insurance Law, as of 1/1/2019, the contributions for Social Insurance will increase by 0.5% for both the employers and employees, i.e. from 7.8% to 8.3%, on the insurable remuneration of the employees. Commencement of contributions for GeSy As per the General Health System Law, the con...