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

Company Law, Compliance

Late Filing Penalty for Annual Returns Compiled within 2021, 2022 Capped at €150

The Department of the Registrar of Companies and Intellectual Property Cyprus recently announced that the maximum total amount for late filing...

25 May

Banking Law, Compliance, Financial Services, Government

Lebanese Banking Crisis- Closure of Lebanese Branches in Cyprus- Are You Affected?

According to the recent reports, following the decision of the Central Bank of Lebanon, the Lebanese banks will be closing their...

10 May

Citizenship, Immigration, Company Law, Employment Law, Government of Cyprus, International Tax

New Tax Regime for the relocation of high earning employees in Cyprus

The Minister of Finance of the Republic of Cyprus, Costantinos Petrides, has announced today that the Council of Ministers has approved...

1 Mar

Company Law, Compliance

Extension of the Deadline for Submission of Beneficial Owners Data in the Beneficial Owners Register of Companies and Other Legal Entities

On March 1st 2022, the Department of Registrar of Companies announced that the submission period of beneficial owners’ data in the...

9 Feb

VAT

Cyprus – VAT Payments Can be Made in Installments

On 9 February 2022, the Tax Department of Ministry of Finance of Republic of Cyprus announced that, it is possible for...

3 Feb

Employment Law, Government

Απολυση μη Εμβολιασμενων Εργαζομενων στην Κυπρο

Η απόλυση μη εμβολιασμένων εργαζομένων στην Κύπρο είναι ένα ερώτημα το οποίο απασχολεί τόσο τους εργοδότες όσο και τους εργοδοτούμενους. Η...

13 Jan

Intellectual Property

Grants and Incentives for Research and Innovation Development: “Ideas Powered for Business” in Force Again

Providing more incentives to small and medium-sized enterprises is now a fact as the "Ideas Powered for Business" program comes into...

13 Jan

Intellectual Property

Χορηγίες και Κίνητρα για Ανάπτυξη έρευνας και καινοτομίας: σε ισχύ και πάλι το “Ideas Powered for Business”

Η παροχή περισσότερων κινήτρων προς τις μικρές και μικρομεσαίες επιχειρήσεις, είναι πλέον γεγονός καθότι το πρόγραμμα «Ideas Powered for Business» τίθεται...

woman using laptop computer with vr headset

6 Dec

Financial Services, Government of Cyprus, Tech

Major Cypriot Bank Introduces Specialised Unit Solely Devoted to Technology Companies

Recently, one of the major Cypriot banks announced that they have created a specialised unit solely devoted to serve technology companies....

23 Nov

Compliance, Government of Cyprus, International Tax

Cyprus – DAC6 Extension to the Imposition of Administrative Fines to Overdue Reportable Information

On 22nd November 2021, The Tax Department of the Ministry of Finance of the Republic of Cyprus announced that there will...

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