NEWSROOM

Further Improvement of Income Tax exemptions for Persons who Move to Cyprus for Employment
29/07/2022

An amending law was published in the Official Gazette of the Republic of Cyprus with respect to the income tax exemptions for employment income, in relation to persons moving to Cyprus for employment. 

Third Country Nationals Relocating to Cyprus – New Options
08/06/2022

The Council of Ministers of the Republic of Cyprus recently approved new regulations permitting the issuance of immigration permits for third country nationals in the following cases...

Extension of Income Tax 50% Exemption Approved by Council of Ministers
12/05/2022

The Council of Ministers approved on 10 May 2022 the significant improvement of an incentive aimed at attracting foreign companies and highly skilled staff to Cyprus.

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.

New Package of Incentives for Establishing or Expanding Presence in Cyprus
21/10/2021

On 15 October 2021 the Cyprus government presented its Action Plan for attracting companies to establish or expand presence in Cyprus. The Plan is in line with...

Changes to Employment and Social Insurance Regulations
07/09/2021

The Cyprus Ministry of Labour, Welfare and Social Insurance has recently announced that on 13 September 2021, the Social Insurance...

Setting Up in Cyprus: Company-Officers-Premises
24/08/2021

We will consider whether to form a company in Cyprus or redomicile a foreign company to the country. We will also contemplate alternatives concerning premises, as well as for sourcing and appointing officers for the company.

Transfer of Legal Seat (Re-domiciliation) to/from Cyprus
25/05/2021

Cyprus has become a very popular destination for redomiciliations over the last few years and there are very good reasons for this.

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