MICHALIS C. ZAMBARTAS, Advocates, Legal & Tax Advisors – Zambartaslegal, Zambartas Law, Zambartas Advocates, Zambartas Lawyers, Zambartas Legal, Zambartas Nicosia

VAT

Cyprus to Extend the Transitional Period on 5% Reduced VAT for Primary Homes

Cyprus is to extend the transitional period on the 5% reduced VAT rate for primary residences (first homes) until the end...

30 Mar

Government of Cyprus

Cyprus Approves New €100 Million Support Package to Ease Impact of Iran War

On 25 March 2026, the Council of Ministers of Cyprus approved a new €100 million package to protect households, businesses, and...

18 Feb

Real Estate Law

Cyprus Plans to Introduce New Rules for Property Purchases by Third-Country Nationals

Cyprus is preparing to introduce new rules to the legal framework for land and property purchases by non-EU nationals. In recent...

24 Sep

Citizenship, Immigration

Cyprus: A Growing Tech Hub in accordance with Official Data

Cyprus is emerging as a regional tech powerhouse, with the sector now contributing over €8 billion to the economy, according to...

4 Sep

Company Law

Cyprus – Company Registry Update Campaign

On 27 August 2025, the Department of the Registrar of Companies and Intellectual Property made an announcement urging all registered companies...

1 Sep

Compliance

Important Notice for Cyprus-based Organisations: Confirmation of Beneficial Ownership Details for the Year 2025

On 25 August 2025, the Department of the Registrar of Companies and Intellectual Property (DRCIP) announced that all companies, partnerships, and...

31 Jul

Compliance, Government of Cyprus

Cyprus House of Parliament Approves the Creation of National Sanctions Unit

Recently, the Cyprus House of Parliament has passed legislation approving the creation of a financial sanctions unit within the Ministry of...

9 Jul

Citizenship, Immigration

Cyprus Launches EU Blue Card Applications to Attract Global Talent

Recently, the Deputy Ministry of Migration and International Protection of the Republic of Cyprus announced that starting Monday, July 7, 2025,...

19 Jun

Compliance, Tax Law

Cyprus – Extension of Personal Income Tax Return Filing Deadline to September 30, 2025

The Cyprus Council of Ministers has approved an extension for the submission of 2024 personal income tax returns and associated payments....

19 May

Real Estate

Cyprus Property Market Gains Momentum, Nicosia Leads in Major Deals

Cyprus’ real estate market continued to grow steadily in 2025. March and April have seen significant activity, with Nicosia emerging as...

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