Georgia Anastasi

Establishing a University Branch in Cyprus: Proposed Changes in the Legal Framework

As Cyprus looks to expand its educational landscape and aims to become a hub for higher education, reforms to the legal framework surrounding the establishment and operation of foreign university branches are under review. Current Legal Framework The establishment and operation of universities and other institutions of Tertiary Education in Cyprus is overseen by the […]

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Buying a Business: Tax Covenants in Sale and Purchase Agreements

Taxes / Georgia Anastasi

As I’m currently working on an interesting transaction for the sale of a well-established business, the question of tax liabilities and how these will be allocated between the Parties came up. With this article, I aim to outline and explain one of the key provisions in agreements for the sale of a business and similar

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New Cyprus Residency Permit (Blue Card) for Highly-Skilled Workers

Cyprus, Governments, Residency / Georgia Anastasi

The Cyprus Government is in the process of implementing the EU framework for ‘Blue Cards’. The Government recently announced a new draft legislation establishing the legal framework and procedures for the issuance of residency and work permits to highly-skilled, third-country, employees, in line with relevant EU legislation. This new type of residency permit, to be

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Revised Strategy for Attracting Foreign Investment to Cyprus

Cyprus / Georgia Anastasi

The Minister of Finance announced on February 7th, 2024, the revision of the Strategy for attracting foreign businesses and talent to Cyprus. The revised Strategy aims to increase the presence of foreign businesses and talent in Cyprus, create new job opportunities, bring expertise and boost the economy of Cyprus. Aspects of the Revised Strategy Some

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UBO Register: Extension of Deadline for the Submission of UBO Details and Refund of Penalties Paid

Cyprus / Georgia Anastasi

The Department of the Registrar of Companies announced the extension of the deadline for the submission of the Ultimate Beneficial Owner (UBO) details of all Cyprus companies and other legal entities to the Final Solution of the UBO Register to March 31st, 2024. Cyprus companies and other legal entities have the obligation to proceed with

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Featured on the Lexonomix Blog: From India to Cyprus

Uncategorized / Georgia Anastasi

Great news! Our article, ‘From India to Cyprus: Doing Business in Cyprus,’ has been featured on the Lexonomix Blog, a trusted platform for legal insights for Indian businesses. In our article, we’ve explored the ins and outs of expanding business from India to Cyprus, from setting up a company to relocating employees and dealing with

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Establishing a University Branch in Cyprus: Proposed Changes in the Legal Framework

Buying a Business: Tax Covenants in Sale and Purchase Agreements

New Cyprus Residency Permit (Blue Card) for Highly-Skilled Workers

Revised Strategy for Attracting Foreign Investment to Cyprus

UBO Register: Extension of Deadline for the Submission of UBO Details and Refund of Penalties Paid

Featured on the Lexonomix Blog: From India to Cyprus

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