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...
Sep 27, 2022 | News
Nicosia, September 27th, 2022, On September 23rd 2022, the Council of Ministers issued Decree (No.373/2022) exempting individual tax residents in the Republic of Cyprus with gross annual income not exceeding EUR19,500 from the obligation to submit a personal income...
Aug 2, 2022 | News
New income tax exemptions for employment income were introduced on July 26th, 2022, amending Articles 8(21) and 8(23) of the ITL (Income Tax Law). Article 8(21) Prior to July 26th, 2022, according to Article 8(21) of the ITL, 20% of the remuneration or €8,550...
