On the 8th of January 2019, the Registrar of Companies, following the opinion of the General Attorney of the Republic of Cyprus, has...

A. New VAT provisions The Cyprus House of Representatives passed a Bill which amended Law N.95(i)/2000, imposing Value-Added Tax (VAT) on...

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

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...

On 27 September 2017 the Cabinet of Ministers has approved a new scheme (the ‘Filming Scheme’) with the purpose of attracting...

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

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

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...

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

Three years of unclarity and uncertainty over Cyprus’ position as a notable alternative tax jurisdiction for India, due to the absence of...