How Wealthy Families Benefit from Establishing a Family Office in Cyprus: Financial and Succession Advantages
A family office serves as a dedicated platform for high-net-worth families to manage their wealth, protect assets, and plan for future generations.
EU’s 2024 AI Regulation Balances Safety and Innovation
In recent years, one common word we frequently hear in conversations – whether with professionals, students, or even teenagers – is Artificial Intelligence (“AI”).
The Trapped Buyers Law is reshaping real estate in Cyprus
The “Trapped Buyers Law” in Cyprus, formally known as Law N.139(I)/2015, was enacted to address the predicament of buyers who,
When should an interim order be issued, in order to restrain the alienation of immovable property?
It is only reasonable that any person, physical or legal, who considers on initiating a legal dispute (in order to claim a due debt, compensation or any other remedy to which he claims that he is entitled), to be sceptic and cautious at first. This is mainly because debtors are increasingly engaging in such acts, …
DAC6 – Mandatory disclosure of reportable cross-border arrangements
Introduction On 25 May 2018, the EU Council issued Directive 2018/822/EU, which amends Directive 2011/16/EU on mandatory automatic exchange of information, in relation to reportable cross-border arrangements. Commonly known as DAC6, its purpose is to facilitate the obtaining and the automatic exchange of comprehensive and relevant information between the tax authorities of Member States about …
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