Registration of Crypto-Asset Providers in Cyprus
Following the transposition of 5th EU Anti-Money Laundering (AML) Directive in to Cyprus Law, providers offering services related to crypto-assets were brought within the scope…
Cyprus Implements UBO Register for Trusts
On 18 June 2021 Cyprus has introduced a register for UBOs of Trusts through a Directive issued by the Cyprus Securities and Exchanges Commission…
Foreign Portfolio Investors from Cyprus to obtain Category I License in India
The Indian government has classified Foreign Portfolio Investors (FPIs) from Cyprus as eligible for Category I licence. This classification is expected to…
Double Tax Treaty Between Cyprus and the Netherlands: Details
The Double Tax Treaty provides for the following Withholding Tax rates on dividends, interest and royalties…
Extension of Period Over Which No Administrative Fines Related to DAC6 will be Imposed
The Cyprus Tax Department announced an extension to the period over which no administrative fines for overdue submission of DAC6 information will be imposed.
Cyprus and the Netherlands sign a Double Tax Treaty
On 1 June 2021 Cyprus and the Netherlands signed a Double Tax Treaty.
Ultimate Beneficial Owner Register – Penalties During the Interim Solution Period
On 25 May 2021 the Registrar of Companies announced that no penalties will be imposed during the interim solution period, including…
Transfer of Legal Seat (Re-domiciliation) to/from Cyprus
Cyprus has become a very popular destination for redomiciliations over the last few years and there are very good reasons for this.
Release of Updated Publications Following Important Changes to Cyprus Permanent Residence Permit Programme
Following the very beneficial amendments introduced to the Cyprus Permanent Residence Permit Programme, we have updated our publications covering, among others, the said changes.
Different Easter Holidays…Again!
Although we are all getting tired, both physically and mentally, of this constrained way of life, we need to show some more patience, with the hope that we will soon get back to our normal way of living.