News

Council of Ministers decides on relaxing COVID-19 measures as per Minister of Health. Vigilance is still a prerequisite.

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, […]

Amendments to the Cyprus Income Tax Law affecting Persons arriving for first employment in Cyprus effective as of July 26th, 2022

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 […]

Operation of the Interim solution of the Ultimate Beneficiary Owner Register after 31st July 2022 and Extension of the hours of receipt of applications

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 […]

The Bill of the Ministry of Transport, Communications and Works for a Law on the Regulation of the Traffic of Bicycles and other Personal Mobility Devices (“e-scooters”) passes

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 […]

Cedar Rose to Host Webinar on Best Practices for Assessing and Managing International Credit Risk

When conducting international business, it’s critical for companies to have a comprehensive understanding of the financial health and credit worthiness of their customers to measure risks and develop mitigation strategies […]

Filing of documents for the change of company data at the Registrar of Companies, for companies affected by EU and UN sanctions against Russia and Belarus

The Department of Registrar of Companies and Intellectual Property announces  here that, as stipulated by the Unit for the Implementation of Sanctions of the Ministry of Finance (MOF), where documents […]