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…

Committed to attracting more international businesses and highly skilled professionals, Cyprus introduced a new policy effective February 1, 2022. The initiative encourages foreign companies to…

Committed to attracting more international businesses and highly skilled professionals, Cyprus introduced a new policy effective February 1, 2022. The initiative encourages foreign companies to…

The applicant must invest at least Euro 300.000 in one of the following categories:
Purchase of a house or apartment worth at least Euro 300.000 (plus VAT)…

In August 2024, the Aliens and Immigration Law was amended to formally align Cyprus’s immigration law with the EU Blue Card Directive (2021/1883)…

NEW INCOME TAX EXEMPTIONS FOR EMPLOYMENT INCOME On 26/07/2022, the Cyprus Income Tax Law of 2002 (Ν. 118(I)/2002) (the “Law”) has been amended…

On 15 October 2021, the Council of Ministers approved the implementation of the Cyprus Digital Nomad Scheme, aiming to expand the business ecosystem and further enhance the economic development of Cyprus…

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…

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…