A trust is the legal relationship created when a person (the settlor) places assets under the legal ownership and control of another person (the trustee)

The Nicosia Municipality, by exercising its rights pursuant to articles 104 and 105 of the Municipalities Law (Law 111/1985), has recently announced that the applicable

The exclusive purpose of a Pure Holding company is the acquisition and holding of shares as an investment activity with the intention of receiving dividend income. For

On the 31st of July 2020 the House of Representatives voted amongst others the following amendments on Assessment and Collection of Taxes Law (the “Law”). The

The Cyprus Tax Department informed that from 27 July 2020 the procedure for stamping documents, based on the value of the contract, changes. This relates

New VAT amendments have been recently voted by the Parliament and are in force since  their publication in the Official Gazette of the Republic on

The Government of Cyprus made certain amendments to the Cyprus Investment Program (CIP) in order to maintain its momentum and to safeguard its continuation.   The main revisions

On the 10th of August 2020, Cyprus and Russia have agreed on a revised Double Tax Treaty (DTT), that is expected to become effective on the

French President Emmanuel Macron’s show of strength had a catalytic effect in reaching a consensus among the 27 EU member state leaders.   The agreed recovery