ARTICLES & BROCHURES
24 October 2022
On 26/07/2022, the Cyprus Income Tax Law of 2002 (Ν. 118(I)/2002) (the “Law”) has been amended through the Amending Law Ν. 121(Ι)/2022), with regards to the income tax exemptions for 1st employment…
24 October 2022
In an effort to encourage high net worth individuals to apply for Cyprus tax residency, the government simplified the Cyprus Tax System by eliminating taxation on passive income and by applying a deduction of 50% on Income Tax …
19 September 2022
On 15 October 2021, the Council of Ministers, aiming to expand the business ecosystem and consequently the
economic development of Cyprus, approved the implementation of the Cyprus Digital Nomad Scheme…
30 September 2021
On 18th June 2021, the Cyprus Securities and Exchange Commission (the “CySEC”), pursuant to Article 61E of the Prevention and Suppression of Money Laundering and Terrorist Financing Law of 2021 (the “AML Law”) …
30 September 2021
The Prevention and Suppression of Money Laundering and Terrorist Financing Law 13(1)/2018 (the “AML Law”) governs the establishment of the Ultimate Beneficial Owners Register (the “UBO Register”) and the obligations …
23 July 2021
The digital industry is a lucrative one with ongoing and evolving demands as it combines multiple areas of law such as artificial intelligence, electronic money services, privacy law and GDPR, corporate and commercial…
21 April 2021
The revamped Cyprus International Trust (CIT) provides for the highest possible degree of asset protection internationally, extensive tax benefits and strong confidentiality capabilities.
9 October 2020
The digital industry is a lucrative one with ongoing and evolving demands as it combines multiple areas of law such as artificial intelligence, electronic money services, privacy law and GDPR, corporate and commercial…
9 October 2020
The private aircraft leasing scheme aims in offering tax incentives as well as VAT savings to proposed investors (the “Scheme”). The Scheme is introduced by the Cyprus Tax Authorities as an attempt to view Cyprus…
9 October 2019
This publication1 refers to the new Regime which is applicable for Qualifying IP, developed or acquired after the 01/07/2016. Effectively the new Regime provides a tax exemption of 80% on profits…
3 June 2019
Our legal team of high experienced specialists, provides highly sought after public procurement support services for relevant applicants in public procurement projects …
5 September 2018
Companies of foreign interest, including former offshore companies and Cyprus shipping companies are entitled to employ third party nationals under specific circumstances. Such foreign nationals are also allowed family reunification …
14 November 2017
Cyprus is an attractive jurisdiction for the provision of investment and ancillary services across the European Union. Therefore, the investors and businessmen may establish an Cyprus Investment Firm (the “CIF”) governed by the Law 144 …
17 October 2017
A new amendment to the current Income Tax Law of the Republic of Cyprus has been voted by the Parliament on 21st July 2017. The amendment relates in determining Cyprus tax residency for individuals by adding a second test to …
13 October 2017
As from February 2017 Cyprus adopted the Startup Visa Scheme for third Country Nationals. The scheme forms part of the Policy Statement on Strengthening the Entrepreneurial Ecosystem. It enables skilful entrepreneurs who are not EU …
30 August 2017
The two methods by which a third country national may obtain a permanent Cyprus Residency without the right to work are explained below.
21 April 2017
The revamped Cyprus International Trust (CIT) provides for the highest possible degree of asset protection internationally, extensive tax benefits and strong confidentiality capabilities.
