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The Cyprus House of Representatives has approved legislation which provides the opportunity to pay overdue taxes in monthly instalments. The new law covers a broad range of taxes including: Value added tax; Immovable property tax; Income tax; Special defence contribution; Capital gains tax; Stamp duty; and Special contribution for employees The new law, which was passed…

The Republic of Cyprus introduced in February 2017 a pilot scheme for the ‘Cyprus Start-up Visa’. The scheme aims to promote start-ups with strong potential for growth, innovation and research, with a view of generating new jobs and enhancing the Cyprus economy. Non-EU nationals are eligible to apply for a Cyprus start up visa (either…