Author: Admin

19 Mar Cyprus Lifts Annual Levy Burden: A Boost for Local Businesses

Posted at 07:00h in News by Admin

On 21st February 2024, the President of the Republic of Cyprus made a groundbreaking announcement, revealing the Council of Ministers' decision to eliminate the annual levy requirement of EUR 350.00 which previously obligated all companies registered in Cyprus to pay this fee to the Registrar...

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12 Mar Extension Granted for Register of Beneficial Owners Update – New Penalties and Refund Information

Posted at 07:00h in News by Admin

The deadline for updating the Register of Beneficial Owners on the enhanced digital platform has been extended to March 31, 2024. Penalties Overview: Upon the expiration of this extended deadline, non-compliant companies and other legal entities will face penalties as outlined in the Prevention and Suppression of...

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11 Jan Memo in relation to the regulations over Cryptocurrency and Blockchain in the Republic of Cyprus

Posted at 17:48h in Publications by Admin

General InformationIn recent years, Cyprus has actively embraced the evolution of blockchain technology, signaling its ambition to establish itself as a secure financial hub for the exchange of crypto assets and services.In June 2021, the Cyprus Securities and Exchange Commission (“CySEC”) introduced a significant initiative...

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05 Jan Real estate
Guide for Buyers

Posted at 09:39h in Publications by Admin

INTRODUCTIONThe favorable location of Cyprus at the crossroads of Europe, Asia, the Middle East and Africa, together with the fact that Cyprus is a full member of the E.U. as of May 1st, 2004, its safe and protective legal system, the excellent infrastructure the high...

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20 Dec New Framework For Cyprus Citizenship For Highly Skilled Professionals

Posted at 09:34h in News by Admin

On the 30th of November 2023, the House of Representatives approved and passed the amended criteria for the Naturalization of highly skilled employees under the Civil Registry Law. The new law aims to modernize the legislative framework that governs the granting of the citizenship of the Republic...

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