Cyprus is emerging as a regional tech powerhouse, with the sector now contributing over €8 billion to the economy, according to the recent study by KPMG Cyprus. As a consequence,
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On 27 August 2025, the Department of the Registrar of Companies and Intellectual Property made an announcement urging all registered companies to review and update their corporate data. Accordingly, all
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On 25 August 2025, the Department of the Registrar of Companies and Intellectual Property (DRCIP) announced that all companies, partnerships, and European Public Limited Companies (SEs) registered in Cyprus must
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Recently, the Cyprus House of Parliament has passed legislation approving the creation of a financial sanctions unit within the Ministry of Finance. The unit will coordinate the enforcement of sanctions
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Recently, the Deputy Ministry of Migration and International Protection of the Republic of Cyprus announced that starting Monday, July 7, 2025, the Republic of Cyprus will begin processing applications for
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The Cyprus Council of Ministers has approved an extension for the submission of 2024 personal income tax returns and associated payments. This adjustment is intended to simplify compliance and ease
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Cyprus’ real estate market continued to grow steadily in 2025. March and April have seen significant activity, with Nicosia emerging as a key player in overall sales and high-value transactions.
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Happy Easter!
Our Offices will be closed for Easter Holiday on:
Friday, 18/04/2025,
Monday, 21/04/2025. and
Tuesday, 22/04/2025
On March 24, 2025, the tax department introduced Circular 2/2025, providing the option to submit Form T.D. 1220 until December 31, 2025. This form facilitates the election for non-taxation for
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On 26 March 2025, the Deputy Ministry of Migration and International Protection announced the launch of the updated Digital Nomad Visa Scheme. Accordingly, 500 residence permits will be issued under
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