May 4, 2023 | News
The Council of Ministers of the republic of Cyprus, approved a 0% VAT rate on Tuesday May 2nd, 2023, to be applied on a series of chosen food and products considered as socially important. This temporary decree will be published on May 5th in the Official Gazette of...
Mar 2, 2023 | News
On the February 14th, 2023, the EU Council added Russia, the British Virgin Islands, Costa Rica and the Marshall Islands to the EU’s list of non-cooperative jurisdictions. Therefore, presently and until the next revision scheduled for October 2023, the EU list of...
Dec 15, 2022 | News
Nicosia, December 16th, 2022, On 30 November 2022, the Council of Ministers approved an amendment of the policy for the current fast-track registration of companies of specific nature, i.e., high-tech, pharmaceutical, shipping, etc. through the Business Facilitation...
Dec 5, 2022 | News
Nicosia, December 5th, 2022, On 28 November 2022, following the relevant ruling from the Court of Justice of the European Union (CJEU) invalidating public access to UBO Registers within the EU, the Cyprus Registrar of Companies of the Republic of Cyprus has issued a...
Dec 1, 2022 | News
Nicosia, December 1st, 2022, Cyprus law provides for a 0,4% levy on the sale of immovable property as well as on the sale of shares in a company owning immovable property in the Republic of Cyprus as long as the buyer gets the ownership of the company. The Tax...
Oct 25, 2022 | News
Nicosia, October 25th, 2022, The Cyprus Securities and Exchange Commission (CySec) has granted a Class 3 registration Crypto Asset Services Provider (CASP) to cryptocurrency exchange Binance Cyprus Ltd. Executive Vice President of Binance Europe, Mr Bruncko says this...
