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Georgia Anastasi

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

Cyprus, Governments, Residency /

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 /

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 /

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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Setting up a Partnership in Cyprus: What to consider

Uncategorized /

Partnerships in Cyprus are regulated by the General and Limited Partnership and Business Names Law, Cap 116 (the ‘Law’).  What is a Partnership? According to the Law, a partnership is the relationship which subsists between two or more individuals, carrying out a business together in Cyprus, with a view of making profit. Formation of Partnerships

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Naturalisation (Citizenship) in Cyprus: New Legislation

Cyprus /

After much anticipation, the law amending the Civil Registry Law was voted and approved by Parliament. The amending legislation not only streamlines the Naturalisation process for High-Skilled Employees of Foreign Interest Companies and their families but also introduces a new pathway for Naturalisation based on Years of Residence in Cyprus. Our team secured a copy

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