Russia, BVI, Costa Rica and MI join the EU list of non-cooperative jurisdictions.
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....
BFU Policy Amendment
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...
Suspension of public access to UBO Register
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...
0,4% Immovable Property Levy
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...
BINANCE STEPS IN CYPRUS
Nicosia, October 25th, 2022, The Cyprus Securities and Exchange Commission (CySec) has granted a Class 3 registration Crypto Asset Services Provider (CASP) to cryptocurrency...
2022 INCOME TAX RETURN EXEMPTION
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...
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