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The House of Representatives of Cyprus recently (Friday 22/05/2020) approved a highly anticipated legislative proposal amending the Income Tax Law (Law no.118(I)/2002) to provide for substantial tax incentives to landlords and property owners who accept to lower rent payments for their tenants. In particular, landowners will be given a tax credit of 50% of the […]

As part of JCI Nicosia’s series of teleconferences, I had the pleasure of joining the Deputy Minister to the President of Cyprus for Research, Innovation & Digital Policy, Mr Kyriacos Kokkinos, for a discussion on all things technology, innovation, digitalisation and working culture in Cyprus. The discussion also touched on the topic of e-justice, the

With a large number of individuals now working from home, a question that often arises is how can documents be signed remotely, as many will not be able to sign documents in person (or in the presence of witnesses) nor have access to printing and scanning facilities. How can we ensure that agreements are signed

With travel restrictions currently in place in Cyprus response to the novel coronavirus COVID-19, questions arise as to how and (if at all possible) to conduct meetings of Directors, Shareholders and other key stake holders of Cyprus companies. Meetings of Directors and Shareholders of Cyprus Companies The Shareholders of Cyprus companies must meet at least

By an announcement dated 18/03/2020 and in an effort to help companies which have been affected by the measures imposed by the Cyprus government as regards the COVID-19 pandemic, the Department of the Registrar of Companies and Official Receiver in Cyprus announced the following measures: *Filing of Annual Returns* The process of publishing 3-month notices

With the spread of the novel coronavirus across the globe and the introduction of strict measures and restrictions, companies and businesses now face a new set of challenges. How does this affect the on-going obligations of businesses and companies? Could it be considered a force majeure event? Existing Agreements and Force Majeure Clauses Force Majeure