NEWSROOM

Application for Cyprus Citizenship Based on New Provisions
28/03/2024

On 22 March 2024, the Ministry of Interior announced further clarifications regarding the amended provisions of the Civil Registry Law regarding naturalisation.

Amendments to the Cyprus Permanent Residence Permit Programme
10/05/2023

To address some shortfalls of the Programme, important amendments were introduced with effect on 2 May 2023. These amendments are...

Deemed Dividend Distribution as at 31 December 2022
16/12/2022

Companies with accounting profits for tax year 2020 which fall within the Deemed Distribution (DD) provisions, would have to declare a sufficient amount of dividend, in order to meet the 70% threshold of distributed profits on or before 31 December 2022.

Digital Nomad Visa – Extension of Number of Beneficiaries
08/03/2022

On 3 March 2022 the Council of Ministers of the Republic of Cyprus decided for the number of persons who can obtain a Digital Nomad Visa to be increased from 100, which was set initially, to 500.

Deemed Dividend Distribution
21/12/2021

The Deemed Distribution (DD) provisions apply where a Cyprus tax resident company has not distributed as a dividend at least 70% of its after-tax profits...

Important Changes to the Cyprus Permanent Residence Permit Programme
05/04/2021

The Cyprus Permanent Residence Permit Programme became even more attractive with some changes, which became effective on 24 March 2021.

Updated Publications on Incentives to Invest, Set-up a Business and Relocate to Cyprus
18/09/2020

Following the amendments introduced to the Cyprus Investment Programme we have updated our publications... 

Cyprus Investment Programme – Important Amendments
01/09/2020

The Cyprus Investment Programme remains largely unchanged, with the amendments and new provisions introduced aiming to provide a more robust and straightforward framework...

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