The Legal System of Cyprus is based on Common Law. Its economy operates based upon an open, market driven principle, with favorable tax regimes for the incorporation of companies and investments. Moreover, Cyprus is characterized by a high per capita income and renowned as a European Union center for foreign investments, offshore businesses and activities
We are proud to announce that our law firm is expanding its’ legal services to Greece by opening a new office in the heart of Athens city center. Mrs Maria Ratsa, Mrs Maria Avzioti and Mrs Aggeliki Papantoniou are the new members of our legal team and each one of us is ready to offer…
Following the recent transposition of the EU AMLD5 into National Law, which, among others, introduced services related to crypto-assets, the Cyprus Securities and Exchange Commission (CySEC) during 25/06/2021 has issued a Directive setting out the basic guidelines for the official registration and the operating conditions of Crypto Providers.
Cyprus incorporated in its domestic legislation the provisions of the 5th Anti-Money Laundering EU Directive 2018/843 on the 23rd of February 2021. This was implemented by amending the Prevention and Suppression of Money Laundering and Terrorist Financing Law 188(I)/2007, whereby it was resolved the creation of the register of ultimate beneficial owners of the Cyprus…
We would like to inform you that in accordance with a Decree issued on 10 May 2021, the following deadlines are extended to 30 September 2021
This publication provides an overview of the Cyprus Tax Residency forIndividual and Companies
Holders of permanent Cyprus permits are allowed to register with the GHS of Cyprus and enjoy all the services available
AMENDED REGULATION 6.2 (FAST -TRACK) Valid from the 24/03/2021 All the third-country applicants must fulfil one of the four (4) financial criteria and all the quality criteria, as mentioned hereinbelow. INVESTMENT / FINANCIAL CRITERIA The applicant shall proceed with an investment in any of the following categories of at least €300.000: (A) Investment in a…
The Tax Department issued an announcement following the issuance of the Decree on 12 March 2021 in relation to the extension of the deadlines for the submission of the 2019 corporate income tax return and the 2019 income tax return filed by individuals preparing audited FS. The above deadlines are extended to 30 September 2021.