The Tax Tribunal vindicates Antonis Askanis Ltd
In a landmark decision, the Tax Tribunal vindicated Antonis Askanis Ltd by annulling a VAT assessment of €1,261,344 imposed by the Tax Commissioner.
QUESTIONNAIR
Legislation 1. What domestic legislation enables economic, financial and trade sanctions to be implemented in your jurisdiction?
Crypto Assets Service Providers MiCA is around the corner!
On the 4th June 2018 the Republic of Cyprus along with 21 other Member States and Norway agreed to sign a Declaration creating a European Blockchain Partnership for the specific purpose of establishing a European Blockchain Services Infrastructure.
The Downfall of FTX: Brief and comment
n the wake of the collapse of FTX, which was ranked as the world’s third-largest cryptocurrency exchange just days before declaring bankruptcy[1],
Sanctions Compliance Services
During the last year, sanctions and restrictive measures have been imposed against a number of financial institutions, entities and individuals.
Corporate Tax 2023
1. Types of Business Entities, Their Residence and Basic Tax Treatment 1.1 Corporate Structures and Tax Treatment Businesses in Cyprus generally adopt a corporate form. The most common type of corporate form is that of a private (or public) limited liability company with shares. A Cyprus company is fiscally opaque for tax purposes; therefore, it …
Large-Scale Real Estate Developments in Cyprus
Patrikios Pavlou & Associates LLC is a top-tier full service law firm based in Cyprus with significant expertise in the local and international legal market.
Sanctions relating to vessels
When advising on sanctions, the lawyer providing the relevant advice should be extra careful to cover all angles of the specific transaction.
Crowdfunding Service Providers – Cyprus update
As access to funding via traditional routes becomes increasingly challenging and expensive, crowdfunding is gaining notable popularity.
Revised Cyprus Permanent Residence Permit Criteria – Investor Visa
The Cyprus Minister of Interior has revised, pursuant to the provisions of Regulation 6(2) of the Aliens and Immigration Regulations, the criteria and processes for the issuing of Permanent Residence Permits to individuals investing in Cyprus under the relevant scheme, with effect as from the 2nd of May 2023.