On November 13th, Friday, DBRS Morningstar- Global Credit Rating Agency, published and confirmed the Republic of Cyprus’s Long-Term Foreign and Local Currency – Issuer Ratings at BBB (low). At the
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On October 13th, 2020, the Ministry of Interior of the Republic of Cyprus press office has published the decision to cancel the Citizenship by Investment Programme by an extraordinary meeting
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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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Νέα μέτρα ανακοινώθηκαν χθες από τον Υπουργό Υγείας κ. Κωνσταντίνο Ιωάννου, έπειτα από το διάγγελμα που εξήγγειλε ο Πρόεδρος της Κυπριακής Δημοκρατίας Νίκος Αναστασιάδης για το ζήτημα της πανδημίας. Λόγω
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As part of the Cypriot Government measures to reduce the impact of the COVID 19, in accordance with Law 147 (I) / 2020, tax payers were originally given the right
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On October 21st, 2020, the Deputy Minister for Shipping Vasilis Demetriades stated during a virtual shipping conference that “the Covid-19 crisis has severely impacted the shipping industry and its operations,
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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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On the 1st October 2020 the protocol of the Russian Malta Double Tax Treaty (“DTT”) has been signed. As with the case of Cyprus dividend and interest withholding taxes (“WHT”)
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Fitch Rating Agency confirmed Cyprus’s Long-Term Foreign-Currency Issuer Default Rating (“IDR”) at ‘BBB-‘ with a Stable Outlook. According to Fitch one of the key rating drivers is that the COVID-19
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