The Commissioner for Personal Data Protection in Cyprus recently announced the launch of an independent investigation in the controversial case of photos of children in school being shared on social media. The case serves as an important reminder, not only of the rights of individuals to personal data protection but also of the powers that […]
GDPR Compliance: Independent Investigations Read More »
Cyprus is one of the jurisdictions that allows the redomiciliation of Companies in and out of the country. A Company which is operating under the laws of the Republic of Cyprus and which wishes to continue to operate under the legal regime of a foreign jurisdiction, may apply to transfer its seat to the foreign
Redomiciliation out of Cyprus: What you need to know Read More »
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
New Cyprus Residency Permit (Blue Card) for Highly-Skilled Workers Read More »
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
Revised Strategy for Attracting Foreign Investment to Cyprus Read More »
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
We’re thrilled to share that our Managing Director, Mrs. Marilia Paraschou, has been appointed to the Cyprus Bar Association’s Business Immigration Committee. This prestigious honor is a testament to Mrs. Paraschou’s and our Team’s expertise in Corporate and Business Relocation matters, show casting the excellence of our entire Paraschou Law team. A big thank you
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