The Government of Cyprus issued its first ever 15 year bond at 2.75%. The EUR 1bn Bond was oversubscribed more than 8 times! The Republic of Cyprus, successfully launched a first ever 15-year bond, due 26 February 2034, the longest in its history. The EUR1bn bond carries a coupon of 2.75%. Citi, Goldman Sachs and…

The Cyprus Cabinet approved a series of changes in the Cyprus Investment Programme in order to make the Cyprus Investment Programme even more targeted and trustworthy, Finance Minister Harris Georgiades said. the Minister pointed out the mandatory contribution to the Foundation for Research and Innovation to further encourage the creation of an eco-system of business…

  Cyprus is in the process of adopting and publishing the laws, regulations and administrative provisions necessary to comply with the provisions of the EU Anti -Tax Avoidance Directive (“ATAD”), which was approved by the EU Commission in 2016. EU Anti -Tax Avoidance Directive (“ATAD”) creates a minimum level of protection against corporate tax avoidance…

Cyprus has recently introduced an advantageous Filming Scheme providing proving tax incentives for film production companies. Cash Rebate Rebate of up to 25%-35% on eligible expenditures incurred in Cyprus. The amount granted will depend on the score of the production at the cultural test. The rebate will be given once filming is completed, on receipt…

The deadline for the settlement of the second instalment of the 2018 temporary tax is the 31st of December 2018. 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…

Η οικονομία της Κύπρου έχει κλονιστεί σε μεγάλο βαθμό τα τελευταία χρόνια και παρά τις προσπάθειες ανάκαμψής της, ο τομέας των μη εξυπηρετούμενων δανείων χρήζει ακόμη προσοχής και βελτίωσης. Εν μέρη, λύση στο πρόβλημα δίδει το Μέρος VIA του Νόμου του 1965 (9/1965) που τέθηκε σε εφαρμογή με τον τροποποιητικό Νόμο 142(Ι) 2014 το οποίο…

Dear Clients, The Tax Department informs that the submission date for Income Tax Returns of Individuals (T.D.1) and Self Employed without accounts (T.D.1) for the year 2017 is extended until the 31th of October 2018. We remain available for any clarification or any assistance should be needed

Areti Charidemou Law Office is a proud Sponsor of the theatrical event “ΟΔΟΣ ΟΝΕΙΡΩΝ” which will take place on Wednesday 13th of June 2018 at Patichio Theatre.

Areti Charidemou Law Office will be attending the ‘Made in Cyprus Exhibition’ at the Lee Valley Athletics Centre UK on the 27th and 28th of May 2018. Join us to learn more about relocation and citizenship incentives, the favourable tax jurisdiction system and benefits of investing in Cyprus.

Are you looking to relocate to Cyprus? Moving over for work? To retire? For a better lifestyle? Whatever your reason, you need help negotiating the immigration minefield. Areti Charidemou & Associates LLC have vast experience advising on all aspects of immigration law. Services include: Employment permits Immigration permits Cyprus Citizenship (including Citizenship Through Investment Visas…