Digital Business Onboarding: When is a company obliged to submit an Income Tax?

In the case of a newly established company which has not yet submitted its first income tax statement, the periodic VAT statements for the current period or a certificate from the competent Tax Office attesting the commencement of the company’s business activity must be submitted. Moreover, once the company’s first income tax statement has been duly submitted, then it should also be submitted to the Bank.