LATEST NEWS

Rent Control Law: Maximum Increase in Rent at 6%
The Council of Ministers of Cyprus has the power, pursuant to Article 8(4)(a) of Rent Control Law of 1983 (23/1983) (the “Law”), to determine the

Office Warming Party!
We celebrated our new office premises with an Office Warming Party. We had a wonderful time! It was an honor to have our valued friends,

Corporate Tax in the UAE
One of the most common requests we receive relates to incorporating a Company in the UAE and matters relating to corporate and personal taxation in

Cyprus Companies UBO Registry: Final Solution
The Registrar of Companies announced that the implementation of the Final Solution of the UBO Registry in Cyprus will take place in October 2023. Following

Strategic Investments in Cyprus: New Legislation
The House of Representatives of Cyprus recently passed a new legislation to regulate and encourage certain strategic investments in Cyprus. What is a Strategic Investment

AI Act: Paving the road to EU Regulation on Artificial Intelligence
Artificial Intelligence is increasingly being made available and widely used in various forms. Artificial Intelligence (AI) – enabled tools, such as Chat GPT, are expected

Reduced 5% VAT Coefficient: First-Time Home Buyers
In accordance with EU regulations and in an attempt to encourage and facilitate home ownership in Cyprus, a tax break was introduced on the purchase

Transfer of Undertakings or Businesses: Safeguarding Employees’ Rights
As of July 2000, the rights of the employees in Cyprus in cases of transfer of undertakings, businesses or part thereof, are safeguarded and regulated

New Criteria: Cyprus Permanent Residency by Investment
As of 02/05/2023, the criteria to obtain a Permanent Residency by Investment in Cyprus have been revised and updated. These changes are part of the
