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NEWS & LEGAL UPDATES
The end of an era? UK non doms should consider moving to Cyprus? Exploring Potential Tax Benefits and Relocation Strategies
Upcoming tax changes for UK resident non-domiciled individuals, effective April 6, 2025, and positions Cyprus as a compelling relocation opt
Amendment to the law of reduced VAT rate on permanent residences
The House of Representatives recently amended the Value Added Tax Law 119(I) of 2016 which allowed for a reduced VAT rate of 5% levied on...
EU Sanctions Debrief - 11th -13th Packages
The European Union (EU) continues to adopt further packages of economic sanctions against Russia due to the continuance of its military...
Navigating the EU sanctions - a debrief of the 6-10th packages
Sanctions adopted following Russia’s military aggression against Ukraine. In reaction to Russia’s military intervention against Ukraine...
EU SANCTIONS
Sanctions adopted following Russia’s military aggression against Ukraine. In reaction to Russia’s military intervention against Ukraine...
''The novel registration of Crypto-Assets Service Providers in Cyprus'' published on LEGAL 500.
Click on the link below to read our Article on Crypto-Assets Service Providers on LEGAL 500: https://www.legal500.com/developments/though...
Registrar of Companies Announcement for the extension of the Annual Levy Payment
The Department of Registrar of Companies in Cyprus announced on the 27th of December 2021 that, based on the decree published by the...
UK businesses operating under the Temporary Permission Regime: A CySEC Policy Statement
The 187-04 Directive amendment On the 14th of December 2021, the Cyprus Securities and Exchange Commission (‘’CySEC’’) has issued a...
New incentives for Companies setting up and operating in the Republic of Cyprus
On 15 October 2021, the Ministry of Finance announced new incentives in the form of an action plan for the purpose of encouraging more...
DAC6: New mandatory disclosure regime for Intermediaries and their clients
The Directive (EU) 2018/822, also called DAC6, represents the 6th modification of the Directive 2011/16/EU on Administrative Cooperation...
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