News & Publications

News & Publications

GENERAL DATA PROTECTION REGULATION (GDPR)

The General Data Protection Regulation (GDPR), applies to the whole or partial processing of personal..

RENTAL INCOME

Rental income from a property situated in Cyprus is taxable. Declaring the rental income to..

ABOLISHMENT OF ANNUAL LEVY

As an additional measure to facilitate corporate entities in Cyprus, the Council of Ministers has..

PERMANENT RESIDENCE PERMIT – INVESTMENT IN THE SHARE CAPITAL OF A CYPRUS COMPANY

Third country nationals have the right to obtain permanent residency in the Republic of Cyprus,..

OBTAINMENT OF CITIZENSHIP FOR HIGHLY SKILLED EMPLOYEES

On 30th November 2023, the House of Representatives approved significant amendments to the Civil Registry..

THE NECESSITY OF A WILL

Estate planning is an essential procedure that every individual must consider despite of their age,..

THE NECESSITY AND DEFINITION OF TRADEMARK PROTECTION

In a current digital world, your trademark protection is fundamental for vesting your brand identity..

COMPANIES OF FOREIGN INTERESTS

For the employment of a third country national in a company of foreign interest in..

TEMPORARY RESIDENCE PERMIT FOR NON-EUROPEAN CITIZENS (PINK SLIP)

Pink Slip (Visitors) Non-European Citizens have the ability to obtain a temporary residence permit in..

THE NON-DOMICILED TAX RESIDENCY STATUS

Prior to the introduction of the non-domiciled tax residency, the earned income generated in Cyprus..

RESIDENCE PERMIT IN GREECE – REAL ESTATE OWNERS

General Information for obtaining the residence permit: By decision of the Secretary General of the..

PERMANENT RESIDENCE PERMIT IN CYPRUS FOR EUROPEAN CITIZENS (YELLOW-SLIP)

A European Citizen Registration Certificate, also known as a yellow slip, is applicable to all..

SCHENGEN INFORMATION SYSTEM (SIS)

Following decades of efforts and after successful assessments, Cyprus is set to join the Schengen..

VAT ALLOWANCE AS PER VAT LAW NO. 73(I)/2012 (AS AMENDED)

The reduced rate of 5% applies for residences which are used or intended to be..

REGISTER OF BENEFICIAL OWNERS – SUSPENSION OF ACCESS TO THE GENERAL PUBLIC

The Register of Beneficial Owners was introduced by the 4th Anti-Money Laundering Directive (2015/849/ΕΕ) and,..

GOVERNMENT ACTION PLAN FOR THE ACTIVATION AND EXPANSION OF COMPANIES’ ACTIVITIES IN CYPRUS

The Ministry of Finance has introduced new measures for attracting companies to initiate and expand..

REGISTER OF ULTIMATE BENEFICIAL OWNERS OF CYPRUS COMPANIES

In accordance with the 4th Directive of the European Union on the prevention of the..

CYPRUS COMPANIES AS OPTIMAL INTELLECTUAL PROPERTY HOLDING VEHICLES

The implementation of the so called IP Box has effectively established Cyprus as one of..

AMENDMENT TO INCOME TAX LAW

A bill amending the tax legislation in force regarding the tax residency of individuals, as..

CYPRUS STARTUP VISA FOR THIRD COUNTRY NATIONALS

Cyprus has recently introduced the “Cyprus Startup Visa” program for the granting of permits to..

INTRODUCTION TO THE PARTNERSHIP LIMITED BY SHARES (LLP)

144(Ι)/2015 – Law amending The Partnerships and Business Names Law, Cap. 116 The House of..

AMENDMENTS TO TAX LAW

As part of a reform of the tax framework of the Republic of Cyprus, certain..

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