
Registration of beneficial owners data to avoid imposition of fines
The Department of the Registrar of Companies and Intellectual Property, following its announcement on the Functioning of the Register of Beneficial Owners in the interim
Insights

The Department of the Registrar of Companies and Intellectual Property, following its announcement on the Functioning of the Register of Beneficial Owners in the interim

On 22 June 2023, the House of Representatives passed additional amendments to the Income Tax Law with regards to Article 8(23A). The Article provides a

Pursuant to the provisions of Regulation 6(2) of the Aliens and Immigration Regulations, the Minister of Interior has decided to revise the current Permanent Residency

Cyprus is becoming increasingly popular as a country of choice by many international groups looking to relocate their headquarters. The country has drawn international attention

On 9 June 2022, the House of Representatives has approved amendments to the Cyprus Companies Law Cap 113 regarding the financial reporting obligations of Cyprus

In 2021, India’s Ministry of Finance issued an order advising that Cyprus has been classified as a ‘Category I’ country, being an approved jurisdiction where

On 18 May 2022, the government approved a tax deduction of 20% for legal entities and individuals investing in research, development and innovation, in a

On the 13th May 2022, the Cyprus Securities and Exchange Commission (CySEC) announced that the online platform for the Cyprus Beneficial Ownership Register of Express Trusts

Organizations that employ personnel in Cyprus have several obligations under Cyprus employment law. The aim of the legislation is to secure the employee’s salary, safety
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