On November 11, in one of the most publicized crypto meltdowns, FTX filed for bankruptcy in Delaware, leaving an estimated 1 million clients and other investors facing total losses in the billions of dollars. FTX breaches their own terms of service The exchange stopped accepting customer withdrawals because it did not have enough money to […]
FTX leaves 1 million clients facing total losses Read More »
Up to now, no uniform regulatory framework has been adopted at EU Level to regulate Crypto-Assets, Crypto-Asset Issuers, and Crypto-Asset Service Providers. This is bound to change as, on June 30th, 2022, the European Parliament and the Council Presidency reached a provisional agreement on the Proposed Markets in Crypto-Assets Regulation (“MiCA Regulation”), in an attempt
Markets in Crypto-Assets Changes Read More »
According to the latest figures announced by the Cyprus Government, the newly-introduced Fast-Track Business Activation Mechanism has been very successful and has attracted great interest from both new and established businesses. This mechanism has already been used by many prominent companies to set up operations in Cyprus and demand has exceeded all expectations. The success
Fast-Track Activation Mechanism: Great Demand in the first few months Read More »
Pink Slip is a temporary residence permit for Non-EU citizens, visitors and students wishing to stay in Cyprus for more than 90 days. The Pink Slip allows people who hold a Non-European passport to extend their stay in Cyprus for more than 3 months. It, also, does no matter what was the duration of their
What is Pink Slip? Read More »
The United Kingdom is now officially outside the EU. Due to Brexit, there are some changes for UK nationals who already reside in Cyprus or are planning to come to Cyprus to live and work. The Withdrawal Agreement, between the UK and the EU, is protecting the rights of UK nationals and their family members
Brexit and UK Nationals Read More »
Further details and the exact requirements of the much-anticipated Fast-Track Business Activation mechanism have now been announced by the Cyprus Government. The introduction of a New Fast-Track Business Activation Mechanism was first announced in early September. This new mechanism is now coming into force and aims to facilitate businesses to set up and relocate their
New Business Activation Procedure Announced in Cyprus Read More »
We provide practical solutions to legal problems with a personalized service. We have worked with some of Cyprus’ largest firms and have been trusted by clients from 15 different countries around the world.
Sign up for the monthly newsletter and never miss an update.
