On March 18, 2021 the House of Representatives of the Republic of Cyprus approved the Law on Administrative Cooperation in the field of Taxation (Law N. 205(I)/2012) (hereinafter referred to
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On February 11, 2021, The House of Representatives of the Republic of Cyprus unanimously passed a Law levying a 0.4% contribution on all immovable property sales in order to support
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According to a further announcement of the Cyprus Registrar of Companies dated 15 January 2021, the collection of data for the Register of Ultimate Beneficial Owners (UBO) of companies and
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Cyprus went ahead with the full transposition of the 4th European Directive (EU 2015/849) of the European Parliament (4th AML Directive) into domestic law and activated the implementation of the
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On 18 December 2020, the Registrar of Companies of Cyprus announced that in relation to the announcement made on 16 April 2020 and the Companies (Amendment) (No. 4) Law of
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On November 25, 2020, the Cyprus Securities and Exchange Commission (CySEC) published Circular no C417 providing guidance to Cyprus Investment Firms (CIFs) on issues relating to crypto assets. The Circular
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The 6th International Funds Summit organized by Invest Cyprus and the Cyprus Investment Funds Association (CIFA) was held on November 16-17, 2020 and gathered more than 500 delegates. A large
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Despite the negative global effects of the Covid-19 pandemic, the latest M&A deals reported to have taken place in Cyprus are shedding a ray of light for the future of
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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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