Recently, one of the major Cypriot banks announced that they have created a specialised unit solely devoted to serve technology companies. According to the statement of the Bank; “this initiative
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On 22nd November 2021, The Tax Department of the Ministry of Finance of the Republic of Cyprus announced that there will be no imposition of fines to DAC6 overdue reportable
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Στο προσκήνιο των συζητήσεων επανήλθε η ανάγκη τροποποίησης του Οικογενειακού δικαίου στην Κύπρο με την ένταξη στο νομικό μας σύστημα της έννοιας του συναινετικού διαζυγίου. Σωρεία απόψεων έχουν τεθεί επί
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The global minimum corporate tax rate of 15% has been agreed upon by 136 nations. Following years of intensive work and negotiations to bring the international tax rules into the
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On 27th October 2021, the Justice Committee of the House of Representatives of the Republic of Cyprus began examining two bills for the establishment of Commercial and Maritime Dispute Courts in
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According to recent statistics published by the Department of Land and Surveys, Cyprus, the real estate market is experiencing positive movements towards normalisation and it seems that 2021 saw a
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On the 16th October 2021, Cyprus and Egypt signed a memorandum of understanding (MOU) on electricity interconnection. The MOU will facilitate the construction of the €2.5 billion EuroAfrica Interconnector and
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Ασύμφωνος με το Σύνταγμα κρίθηκε ο Νόμος της Βουλής των Αντιπροσώπων για την αναστολή των εξώσεων ενοικιαστών μέχρι την 31η Δεκεμβρίου 2020. Ο Πρόεδρος της Δημοκρατίας ασκώντας το συνταγματικό του
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Recently, the Deputy Minister of Research, Innovation and Digital Policy, Kyriakos Kokkinos announced that Cyprus will proceed implementing a tele-service to serve its citizens. Tele-service means serving citizens via telephone,
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In an interesting interview on the 29 August 2021 with Politis Newspaper, the Minister of Finance Constantinos Petrides announced that Cyprus will soon implement extensive tax reforms. From the interview
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