Monday, January 3, 2022

GOVERNMENT GUARANTEES - HOW TO OBTAIN A CERTIFICATE FOR A LOAN

 Filenews 3 January 2022



According to the Decree of the Minister of Finance regarding government guarantees to credit institutions for granting loans, businesses and self-employed persons, who are beneficiaries of a loan, they should obtain, among other things, a relevant certificate from the Department of Taxation that they have settled their tax obligations.

In order to issue the relevant Certificate, interested persons or their representatives should submit a request, by e-mail to the local District Offices, on the subject "Request for the issuance of a Certificate for the granting of business loans with government guarantees" at the following e-mail addresses:

DISTRICT

E-mail Address

NICOSIA

lefkosia@tax.mof.gov.cy (natural persons)

amichael@tax.mof.gov.cy (legal persons)

LIMASSOL

lemesos@tax.mof.gov.cy

PAPHOS

paphos@tax.mof.gov.cy

LARNAKAS

larnaca@tax.mof.gov.cy

FAMAGUSTA

ammoxostos@tax.mof.gov.cy

The following information should be included in the e-mail:

  1. Name/Name of company
  2. A.F.T.
  3. Contact number
  4. Credit institution with which the loan will be contracted
  5. E-mail address for sending the relevant Certificate

The issuance of the relevant Certificate will be sent to the e-mail of the applicant/representative, after it has been confirmed that:

  • All Income Statements that had to be submitted in accordance with the applicable legislation were submitted by the date the request is submitted.
  • The amounts of the self-taxation payable have been paid.
  • Any direct/indirect VAT tax debts have been paid or are in settlement.