#mpc

MPC awarded NOMAD status

MARILOU PAVLOU CHRISTODOULIDES LLC has now been approved as a Nominated Advisor (NOMAD) in listing companies in the Emerging Companies...

Brexit Update: Residence Rights of the UK Nationals

In light of the fast approaching deadline for the legal exit of Britain from the European Union, awe outline below key concerns for...

Revised Definition of “Shell Companies” by Central Bank

On the 2nd of November 2018, the Central Bank of Cyprus (the “CBC”) issued a circular with the purpose of clarifying the definition of...

THE NEW “CYPRUS INVESTMENT PROGRAMME”

On June 15th, 2018, and based on the decision numbered 81.292 and 84.068 dated 13/09/2016 and 09/01/2018, the following amendments to the...

10 THINGS TO DO NOW TO PREPARE FOR THE GDPR

The General Data Protection Regulation (GDPR) comes into force on 25 May 2018. Below we list some useful facts about its most important...

European Union Fourth Anti-Money Laundering Directive

The European Union Fourth Anti-Money Laundering Directive (the “New AML Directive”), enacted on 25 June 2016 which was due to be...

The “60-day” Rule- A New Concept of Tax Residency in Cyprus

On 14th July 2017 the Cyprus parliament voted for a Cyprus tax law amendment namely the “60 day rule” which will co-exist with the...

New trading relationship: Double Tax Treaty between Luxembourg and Cyprus

On the 8th May 2018, the finance ministers of Luxembourg and Cyprus signed the Double Taxation Avoidance Agreement between the two...

Cysec issues guidance to Cyprus Investment Firms when providing information to clients regarding the

In preparation for the entry into force on 3 January 2018 of the European Securities and Markets Authority’s guidelines for the...

Amendments to Companies Law Cap 113: Article 142

Introduction Law 97(Ι) of 2016, which was published in the official gazette on 23 September 2016, amends the Companies Law Cap 113 in...