In a press release dated 6 December 2019 the Advisory Authority for Combatting Money Laundering (the “Authority”) of the Republic of Cyprus announced that the discussions for the latest Moneyval
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On the 2nd January 2020 the President of the Republic of Cyprus Nicos Anastasiades, the Prime Minister of Greece Kyriakos Mitsotakis and the Prime Minister of Israel Benjamin Netanyahu signed
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EU Directive 2018/822 (DAC6), adopted in May 2018, provides that EU intermediaries such as banks, law firms, corporate service providers, accounting firms, and tax payers themselves make a mandatory reporting
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On the 17th December 2019, the European Commission reapproved the Cypriot Tonnage Tax System for another 10 years. The Director of the Cyprus Shipping Chamber, Mr. Thomas Kazakos described the
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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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Regulation 6(2) of the Aliens and Immigration Regulations of 1972 was introduced in February 2016 and it is what is often called the “Fast Track procedure” Immigration Permit (Permanent Residency)
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The Republic of Cyprus offers the “Cyprus Visa Startup Scheme” allowing non- EU startup founders to obtain residence and work permits in Cyprus The program was introduced on a pivotal
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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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On Wednesday, 13th February 2019, the Council of Ministers approved the changes to the Cyprus’s Citizenship by Investment program. Since its launch in 2013, the program generated €6,6 billion of
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