LATEST NEWS
Cyprus Companies: Latest Compliance Updates
Cyprus Companies: Penalty for Annual Return All Cyprus Companies have an obligation to submit their Annual Returns (HE32) to the Registrar of Companies Department on
Company Law Amendment: Elimination of the obligation to submit Audited Financial Statements
All Companies registered in Cyprus have the obligation to keep accurate accounting records to prepare and submit to the Registrar of Companies a copy of
Law Reform: Reduced VAT coefficient for First-Time Home Buyers
First-time home buyers, can benefit of a reduced VAT of 5% (instead of 19% which otherwise applies) for the first 200m2 of newly constructed residential
Working in Cyprus: Third Country National Employees
The Cyprus Government introduced further immigration and tax incentives to encourage businesses to relocate to Cyprus. Naturalisation (Citizenship) Third Country Nationals employed by Cyprus Companies
Employment of Third Country Nationals in Cyprus
The Cyprus Government recently introduced its revised policy aiming to encourage businesses to consider Cyprus as a regional headquarter, a place to do business in
New Business Relocation
The Cyprus Government recently introduced its revised policy aiming to encourage businesses to consider Cyprus as a regional headquarter, a place to do business in
Shareholders’ Agreements: What is it, why it’s important, key points
Shareholders’ Agreements are contracts between the members of a company which outline the way in which the company will be operated and may determine the
Drag Along and Tag Along Rights in Shareholders Agreements
Clauses providing for drag along and tag along rights, are becoming increasingly common in Shareholders’ Agreements. What are these rights and what purpose do they
50-50 and Shareholder’s Arrangements
We are often asked to advise on a Company having a 50-50 share and profit allocation. When first starting out, there is little to divide