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Nicosia, Cyprus
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MICHALIS C. ZAMBARTAS, Advocates, Legal & Tax Advisors
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Practice Areas

Corporate / Commercial Law

Corporate Litigation / Alternative Dispute Resolution

Asset Protection

Tax / International Tax Planning

Financial Services Law

Immigration & Citizenship

Real Estate Law

Wills, Probate and Estate Planning

Family Law

Employment Law

Debt Collection

Shipping & Admiralty Law

Insurance Law

Recent News

6 Sep
Government of Cyprus

Cyprus Fully Integrated into Schengen Information System

As of 25 July 2023, Cyprus is fully integrated into Schengen Information System (SIS) which is used for border management and...
Beneficial Owner
4 Sep
Compliance

Deadline to Submit the Beneficial Owners Data to the Register of Beneficial Owners

On 1st of September 2023, the Department of Registrar of Companies and Intellectual Property announced that; “All companies that have been...
Religious marriage
18 Jul
Family Law

Mandatory Conciliation Application for Dissolution of Religious Marriages in Cyprus Goes Electronic

The Orthodox Church of Cyprus announced that starting from 1st May 2023, a mandatory conciliation application for the dissolution of religious...
6 Jul
Employment Law

Cyprus – Social Insurance Fund Contributions to Increase

As of January 1 2024, the rate of contribution to the Social Insurance Fund will increase. Employers and employees will be...
Shipping Cyprus
30 Jun
Shipping

Cyprus Flag Ranked 8th in Paris MOU White List

On 14 June 2023, Paris MOU published a press release announcing the new performance lists for flag States and Recognized Organizations...
2 Jun
Government of Cyprus, VAT

Update – Changes to the Reduced VAT Regime on First Homes

The House of Representatives of Cyprus is set to vote today, 02 June 2023 on a bill for amendments to the...
cryptocurrency
18 May
Compliance, Financial Services, International Tax

European Union Finance Ministers Agree on New Tax Transparency Rules for Crypto Asset Transaction Facilitators Serving Clients Resident in the EU

On 16 May 2023, the European Commission published a press release announcing that the EU Finance Ministers agreed on new tax...
permanent residency permit
5 May
Citizenship, Immigration

Relocation of Highly Skilled Employees in Cyprus: an update in Numbers

According to Invest Cyprus, the national agency to attract foreign investment, since the commencement of the war in Ukraine nearly 9000...
VAT
3 May
VAT

Cyprus to Apply Zero Per Cent (0%) VAT on Basic Items

On May 2, 2023, the Cyprus Council of Ministers (Cabinet) approved a Decree to amend the VAT legislation to apply zero...
2 May
Citizenship, Immigration

Cyprus Revises Permanent Residency Permit Regulations Granted to Non-EU Nationals by Way of Investments

Once again, the Cyprus Government revised the criteria regarding the expedited process of granting an immigration permit to applicants who are...

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