News & Legal Updates
On 15 December 2020, an amending law was published in the Gazette with respect to Article 8(21) of the Income Tax Legislation. The purpose of the amendment is to expand the existing framework of attracting employees from abroad. Individuals who take up employment in Cyprus and were not tax resident in... read more
In accordance with the 4th European Directive (ΕΕ 2015/849) of the European Parliament on the prevention of money laundering and financing of terrorism, the Council of Ministers of Cyprus has decided on December 16th, 2020 to: appoint the Registrar of Companies and Official Receiver of the Ministry of Energy, Commerce... read more
The Cyprus Investment Programme was approved by the Council of Ministers on 13th September 2016 and was subsequently amended in May 2018 and February 2019. The latest amendments to the programme are effective as of 15th May 2019 onwards, introducing new criteria and terms aimed at high net worth individuals,... read more
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