LATEST NEWS

Crypto-Asset Service Providers in Cyprus
The much-anticipated Directive on the Registration of Crypto-Asset Service Providers in Cyprus was published in the Official Gazette and entered into force in Cyprus. This follows

Moving to Cyprus? Tax Residency withholding Tax Exemption
Individuals wishing to move to Cyprus and become Cyprus tax residents have the opportunity to enjoy, for at least 17 years, a full exemption from

Shareholders Rights Directive III: Now Coming into effect in Cyprus
The Law on the Encouragement of Long-Term Shareholder Engagement of 2021 (Law 111 (I)/2021) (the “Law”), which has come into effect on May 12th 2021,

Short-Term Rentals Cyprus
Thinking of having an AirBnB business in Cyprus? As regards the licensing and operation of AirBnB properties in Cyprus and other short-term rental properties, the

UBO register: What is changing?
With the increasing need for transparency through Anti-Money Laundering (AML) regulation, the Law on the Prevention and Combating of Money Laundering (Amending) Law of 2021

Mergers and Acquisitions
Cyprus constitutes a popular destination for mergers and acquisition transactions; these can be local, between Cyprus entities, or at a cross-border, EU level.

Fast-Track Activation Mechanism: Great Demand in the first few months
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

Buying your first home in Cyprus? Reduced VAT coefficient of 5%
Individuals and families looking to acquire real estate in Cyprus may benefit from the reduced VAT scheme currently in place for first-time home buyers. Cyprus

Rental Agreements & COVID-19: New Decree by the Minister of Health, 15 January 2021
The payment of rent, especially on commercial premises for businesses forced to suspend their operations, has been an issue of great discussion and controversy in
