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

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...

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...

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...

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...

4 Apr

Government of Cyprus, VAT

Update: Cyprus Changing its Regime on Reduced VAT for First Homes

In connection to our article “Cyprus Changing its Regime on Reduced VAT for First Homes: an Update” published on 28 March...

31 Mar

Financial Services, Government of Cyprus

Moody’s Maintains Stable Outlook on Cyprus’ Banking System

In its report published on 29 March 2023, the rating agency Moody’s maintained a stable outlook on Cyprus’ Banking System. According...

28 Mar

Tax Law, VAT

Cyprus Changing its Regime on Reduced VAT for First Homes: an Update

The newly formed Cyprus Government and the House of Representatives reached an informal agreement to resolve the issue of the imposition...

20 Mar

Citizenship, Immigration

Cyprus Civil Registry and Migration Department Terminates the Electronic Booking Platform for Appointments

On 16 March 2023, the Civil Registry and Migration Department of Cyprus announced that the use of the electronic platform for...

17 Mar

Government, Tax Law

Cyprus Introduces a New Computerised Unified Tax Management System “Tax for All”

On 17 January 2023, the Tax Department of Cyprus announced the replacement of the TAXISnet platform and other smaller tax platforms...

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Update – Changes to the Reduced VAT Regime on First Homes

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

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

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

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

Update: Cyprus Changing its Regime on Reduced VAT for First Homes

Moody’s Maintains Stable Outlook on Cyprus’ Banking System

Cyprus Changing its Regime on Reduced VAT for First Homes: an Update

Cyprus Civil Registry and Migration Department Terminates the Electronic Booking Platform for Appointments

Cyprus Introduces a New Computerised Unified Tax Management System “Tax for All”