As of 25 July 2023, Cyprus is fully integrated into Schengen Information System (SIS) which is used for border management and internal security in Europe. SIS supports the exchange of
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On 1st of September 2023, the Department of Registrar of Companies and Intellectual Property announced that; “All companies that have been incorporated or registered according to Companies Law Cap. 113,
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The Orthodox Church of Cyprus announced that starting from 1st May 2023, a mandatory conciliation application for the dissolution of religious marriages in Cyprus will only be accepted electronically through
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As of January 1 2024, the rate of contribution to the Social Insurance Fund will increase. Employers and employees will be required to contribute an additional 0.6% of their insurable
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On 14 June 2023, Paris MOU published a press release announcing the new performance lists for flag States and Recognized Organizations (ROs). These lists will take effect on 1 July
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The House of Representatives of Cyprus is set to vote today, 02 June 2023 on a bill for amendments to the reduced VAT regime on the purchase and construction of
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On 16 May 2023, the European Commission published a press release announcing that the EU Finance Ministers agreed on new tax transparency rules for all service providers, which are based
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According to Invest Cyprus, the national agency to attract foreign investment, since the commencement of the war in Ukraine nearly 9000 highly skilled Ukrainians were granted residence and work permits,
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On May 2, 2023, the Cyprus Council of Ministers (Cabinet) approved a Decree to amend the VAT legislation to apply zero (0%) per cent VAT rate on certain consumer goods
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Once again, the Cyprus Government revised the criteria regarding the expedited process of granting an immigration permit to applicants who are nationals of third countries and invest in Cyprus. The
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