LATEST NEWS
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
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
