On 30 September 2026, the Department of the Registrar of Companies and Intellectual Property in Cyprus announced that in December it will begin the process of striking off of companies
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The Ministry of Finance of Cyprus has announced that S&P Global Ratings has upgraded the credit rating of the country from ‘A-’ to ‘A’ while retaining a positive outlook. The
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Cyprus is to extend the transitional period on the 5% reduced VAT rate for primary residences (first homes) until the end of the year. The transitional period was supposed to
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On 25 March 2026, the Council of Ministers of Cyprus approved a new €100 million package to protect households, businesses, and key sectors from the economic fallout of the war
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Cyprus is preparing to introduce new rules to the legal framework for land and property purchases by non-EU nationals. In recent years, Cyprus has seen a notable increase in property
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Cyprus is emerging as a regional tech powerhouse, with the sector now contributing over €8 billion to the economy, according to the recent study by KPMG Cyprus. As a consequence,
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On 27 August 2025, the Department of the Registrar of Companies and Intellectual Property made an announcement urging all registered companies to review and update their corporate data. Accordingly, all
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On 25 August 2025, the Department of the Registrar of Companies and Intellectual Property (DRCIP) announced that all companies, partnerships, and European Public Limited Companies (SEs) registered in Cyprus must
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Recently, the Cyprus House of Parliament has passed legislation approving the creation of a financial sanctions unit within the Ministry of Finance. The unit will coordinate the enforcement of sanctions
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Recently, the Deputy Ministry of Migration and International Protection of the Republic of Cyprus announced that starting Monday, July 7, 2025, the Republic of Cyprus will begin processing applications for
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