NEWSROOM

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...

Reduction on tax rate applied on interest on corporate and other bonds
06/06/2022

On 26 of May 2022, the Cyprus Parliament approved an important amendment to the Special Contribution for Defense (“SCD”) Law, for what concerns taxation of interest income.

Change of Data at the Registrar of Companies for Sanctioned Companies
01/06/2022

The Cyprus Registrar of Companies (the “Registrar”) announced on 30 May 2022 that for companies the name of which and/or the name of their shareholders, directors or ultimate beneficial owners...

Cyprus – Jordan Double Tax Treaty in Force
30/05/2022

The treaty entered in to force on 11 April 2022 and it generally applies as from 1 January 2023.

Access to UBO Register
26/05/2022

The Cyprus Registrar of Companies issued an announcement on 24 May 2022, informing that as from 1 June 2022 access to information regarding the Register of Ultimate Beneficial Owners of companies and other legal entities will be available...

Platform to accommodate the UBO Register for Trusts launched
17/05/2022

The Cyprus Securities and Exchange Commission (CySEC) announced the launch of an online platform, which will accommodate the register for Ultimate Beneficial Owners (UBOs) of Trusts.

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.

Easter Holidays
19/04/2022

For a third year in a row we are celebrating Easter under COVID conditions, but at least this year we can claim that we are...

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