All Cyprus Companies are subject to an annual government levy of € 350.00. In practice the annual levy must be paid by the latest 30th of June of each year
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On September 3rd, 2020, the Council of Ministers of Cyprus approved the creation of a Fast Track Business Activation Mechanism for establishing a company in Cyprus by third-country nationals. The
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Despite the fact that the United Kingdom has its own regulatory authorities such as the Financial Conduct Authority (FCA), the core regulation of the financial industry in the UK is
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Following the announcements of the Russian Government in March 2020 (for further information please review our previous article here ), on September 8 2020 Cyprus and Russia signed a protocol
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As a consequence of the Covid-19 pandemic, the Company Registrar of Cyprus has issued measures on the 23rd of March 2020 in order to assist companies in relation to filing
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Further to our recent news provided on January 10 on the EU Negative Interest Rate in Cyprus; Bank of Cyprus Plc recently announced that it will charge fees on deposit
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As of March 3 2020, Hellenic Bank Plc will start charging negative interest rates on deposits exceeding EURO 100,000. In accordance with the Cyprus News Agency these will only be
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Further to our article “New Cypriot Company Law Amendments” published on 13 March 2019 (read the full article), we would like to inform you that on the 06 December 2019,
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There have been various amendments to the Cypriot Companies Law framework in mid December 2018. These were brought forward with Law 149(I)/2018, the Companies (Fees and Rights) (Amendment) Regulations of
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