For another year, RSM Cyprus proudly supported the 8th Cyprus International Tax Conference, held on 11 March 2025 in Nicosia.
The conference is one of the most prominent events on the island for tax professionals, business leaders and governmental tax policymakers to discuss the latest developments in taxation, including the upcoming tax reform and the various changes that have already been published but not yet voted into Law.
As a keynote speaker, Iacovos Themistocleous, Tax Director and Board Member at RSM Cyprus presented on stage “The Impact of ATAD3 in Cyprus: How the Unshell Directive Will Transform Tax and Business Practices.” In his presentation, he talked about the essence of ATAD3, its effects on Cyprus-based entities and the broader impact on corporate tax planning that may profoundly affect the Cypriot tax landscape, bringing new challenges and opportunities for businesses. He emphasised the importance of businesses adopting a proactive approach since they will need to comply with the new substance requirements and transparency obligations introduced by the directive.
With Cyprus tax reform on the horizon and international tax rules becoming increasingly stringent, RSM Cyprus remains committed to supporting and assisting businesses in applying the required changes. Moreover, the RSM Cyprus team of tax advisors observes regulatory changes and continuously monitors legislative updates in order to provide insightful guidance and tailored tax solutions, that align with local and global tax compliance requirements.
Supporting conferences like the 8th Cyprus International Tax Conference is part of our commitment to promoting knowledge-sharing and thought leadership within the industry.
Iacovos Themistocleous, Tax Director and Board Member of RSM Cyprus, shares his perspective on InBusiness TV on How the “Unshell Directive” and other EU anti-tax avoidance initiatives” impact corporate structuring in Cyprus.
