LATEST NEWS

FTX leaves 1 million clients facing total losses
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

EU Trademark Subsidy Now Available Again – Last Chance – Only Until 16th of December
The EUIPO renewed its successful subsidy program to assist EU Companies to protect their Intellectual Property Rights. The Subsidy Scheme was temporarily unavailable due to

Airbnb in Cyprus: Expiration of Grace Period for Compliance
According to recent press publications, more than 10.000 beds (2.000 accommodations) have so far been registered in the Register of Self-catering Accommodations held by the

Markets in Crypto-Assets Changes
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

60-day Rule & Non-Domicile
As we are approaching the end of the calendar (and tax) year, we have had quite a few requests and questions on Cyprus’ in-famous 60-day

Shareholders’ Agreements
Shareholders’ Agreements are private contracts between the members of a company which outline and regulate the rights and obligations of each shareholder. Shareholder Agreements are

Equitable Distribution of Burdens: 0.4% on the sale of immovable property
In February 2022 the House of Representatives amended the Central Agency for the Equitable Distribution of Burdens (Recommendation, Purposes, Responsibilities and Other Related Issues) Law

Revolut in Cyprus: Crypto Asset Service Providers and the MiCA
The announcement that the Digital Bank Revolut was granted a Crypto-Asset Service Provider (CASP) license in Cyprus has been in the news these last few

Company Branch in Cyprus: What you need to know
Foreign (Overseas) Companies wishing to expand their operations in Cyprus may do so through the establishment of a place of business in Cyprus, known as
