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The Ministry of Interior informs all interested parties that on the basis of the relevant Decision of the Council of Ministers, the right to temporary protection is automatically extended for one year, to those beneficiaries who have already received such status in Cyprus, i.e., until March 4, 2024.Therefore, for those who are already beneficiaries of…

The holiday season is a time for warmth, generosity, and coming together to make a positive impact on those who may need it most. At Areti Law Firm, we believe in the power of community and the joy that giving can bring. This year, we are thrilled to extend a heartfelt invitation to all of…

What changes with naturalisations – The new framework for qualifications and criteriaThe Cypriot House of Representatives approved on the 30th of November 2023 an amendment of the Civil Registry Law (‘the Law’), modernising the current legal framework and relaxing the requirements and criteria for naturalisation of foreign nationals. The amendments primarily relate to the amount…

Payment of the Special Defence contribution (“SDC”) and General Healthcare System contributions (“GHS”) for the 2nd semester of 2023 on rental income, interest income and on any dividend income which may be subject to SDC and GHS shall need to be made no later than the 31st of December 2023.

The deadline for the settlement of the second instalment of the 2023 temporary tax is the 31st of December 2023. The deadline refers to the second and final instalment of the temporary tax for the current year, which all Cyprus tax resident companies and individuals having income subject to income tax other than salary income are required to pay…