We are pleased announce that the 2022 Doing Business in Cyprus (Egypt Edition) is now live. The 2022 Doing Business in Cyprus (Egypt Edition) is the latest in our digital series, which will be followed by the US market guide in the weeks ahead. The Cyprus Country Report (2022-2023 edition) will be launched later this […]
The 2022 Doing Business in Cyprus (UAE Edition) is the latest in our digital series, which will be followed by the market guides listed below in the weeks ahead. The Cyprus Country Report (2022-2023 edition) will be launched at the end of this month.
CIBA promotes good health practices within the workplace through its mindfulness events Holistic programmes such as mindfulness have been introduced into the workplace and have been proven most useful in teaching a healthy way to cope with stress and providing methods for stress management. These types of programmes have been very successful and have been helpful […]
Read MoreCIBA promotes good health practices within the workplace through its mindfulness events
As announced today by the Minister here in Greek, the Ministry of Health is proceeding with important relaxations of the prevailing measures to combat COVID-19 due to the improved epidemiological statistics. However, encouraging developments should not lead to complacency and non-observance of personal protection measures. Taking into account the above, the Council of Ministers decided: The Council […]
The Department of Registrar of Companies and Intellectual Property of the Ministry of Energy, Industry and Commerce announces that as from today, an application for the issuance of a “Beneficial Ownership Report” is available on the Companies’ Section website. Interested parties are requested to submit the relevant application (click here) to the Department’s cashier office.
Read MoreApplication for Beneficial Ownership report of a Legal Entity
As per announcement here, the Department of Taxation informs that, in accordance with a decision of the Council of Ministers, a decree will be issued where the date of submission of the tax return of an Individual (Employed, Retired and Self-Employed without accounts), as well as the deadline for the payment of the tax due in accordance […]
On 26th July 2022, an amendment to the Cyprus Income Tax Law L.118(I)/2002 was published in the Official Gazette of the Republic of Cyprus. The amended legislation can be accessed here in CYLAW in Greek in section 8. However, we have tried to offer a simplified summary of what the new amendments entail. Existing Tax Exemptions The existing tax […]
A number of key announcements on the UBO Register were issued which we have summarized below: Operation of the Interim solution of the Ultimate Beneficiary Owner Registry after 31st July 2022 The Department of Registrar of Companies has issued an announcement on the operation of the interim solution of the UBO register in Greek here […]
On July 21st, the EU issued its awaited 7th package of sanctions adopting the proposal for “maintenance and alignment” package which was announced on July 15th here. The full text can be accessed within the Official Journal of the European Union which can be found here
As per Ministry of Transport, Communications and Works announcement here, the Bill for the regulation of the circulation of bicycles and other personal mobility devices by the House of Representatives which affects the use of Personal Mobility Devices (“e-scooters”) was passed. The proposal to amend the law was approved by the Council of Ministers on […]
