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Citizenship, Immigration

Relocation of Highly Skilled Employees in Cyprus: an update in Numbers

5 May 20235 May 2023Michalis C. ZambartasBFU, Cyprus, employees, Foreign Interest Company, high tech, highly skilled, Invest Cyprus, Israel, Lebanon, Russian, Ukrainian

According to Invest Cyprus, the national agency to attract foreign investment, since the commencement of the war in Ukraine nearly 9000 highly skilled Ukrainians were granted residence and work permits,
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Citizenship, Immigration, Company Law, Employment Law, Government of Cyprus, International Tax

New Tax Regime for the relocation of high earning employees in Cyprus

10 May 202210 May 2022Michalis C. Zambartas50%exemption, amendment, Cyprus, employees, international tax, relocation, tax regime

The Minister of Finance of the Republic of Cyprus, Costantinos Petrides, has announced today that the Council of Ministers has approved today a Bill of Law setting forward an attractive tax
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Recent Posts

  • Antigua and Barbuda Removed from the EU List of Non-Cooperative Jurisdictions for Tax Purposes
  • Deletion of Fines for Failure to Comply with Cyprus Beneficial Owner Registry
  • Confirmation of Beneficial Owner Details in the Beneficial Owner Register
  • Transposition of the EU Mobility Directive into Cyprus Companies Law (Cap. 113)
  • Cyprus Banks Reacting to ECB Interest Rate Cuts

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