Extension Of FATCA Reporting

Transfer pricing often first appears to be an accounting question. The legal position matters just as much. A payment between companies in the same group may be recorded correctly in the accounts and still need to be tested against the terms independent parties would have agreed.

They are trying to tax the provident funds, the hedge funds and the pension funds. This is something we are against.

A new Chainalysis report reveals that over $457 billion in potentially taxable cryptocurrency activity occurred globally in 2025, with significant implications for crypto holders and traders in Cyprus. While frameworks like OECD's CARF and EU's DAC8 extend reporting requirements to crypto-asset service providers, substantial portions of DeFi, peer-to-peer transfers, and private wallet holdings remain outside their scope, creating critical compliance gaps that blockchain analytics must fill.

Cyprus's 2026 tax reform introduces a 10% charge on disguised dividends, targeting previously informal arrangements where shareholders use company assets for private purposes. The charge applies to the full market value of assets like company cars and properties, creating significant tax exposure for owner-managed businesses that were previously operating under unreported arrangements.

Cyprus has fundamentally altered its corporate tax residence rules, effective January 2026, creating automatic tax residency for all Cyprus-incorporated companies unless a double tax treaty explicitly provides otherwise.

The Council of Ministers has issued Orders introducing significant changes to the VAT treatment of immovable property, with effect from 1 September 2026. The amendments to the Fifth and Eighth Schedules of the VAT Law will change the way the VAT treatment of buildings is determined and introduce corresponding changes to the rules concerning the reduced VAT rate applicable to certain renovation and repair works.

Cyprus has cut its dividend tax rate from 17% to 5% starting January 2026, but the reduction applies only to profits earned from that date forward.

Cyprus has introduced an 8% tax rate on qualifying crypto-asset disposal gains while implementing full MiCA authorisation requirements following the end of the transitional period on 1 July 2026.

The governments of the Hong Kong Special Administrative Region (HKSAR) and the Republic of Cyprus announced the signing of a comprehensive double taxation agreement (DTA) on 12 June aimed at eliminating double taxation on income and combating tax evasion and tax avoidance.

Even at the F1 Grand Prix, smart founders talk tax. With the Cyprus IP Box regime, tech companies, app developers and IP owners pay an effective tax rate of just 3% on qualifying IP income — an 80% exemption that survived the 2026 tax reform (standard corporate tax is now 15%). Combine it with non-dom status and 0% tax on dividends, and Cyprus puts your business in pole position. Our team handles the structuring, IP Box application and all filings from A to Z.

Law 5303/2026 fundamentally reforms Greek inheritance law, introducing modern provisions for forced heirship, inheritance agreements, and estate planning. How will these changes affect property owners, families with complex structures, and cross-border succession arrangements?

Artificial intelligence has revolutionized brand creation, enabling businesses to generate names, logos, and slogans within minutes. However, speed and convenience don't guarantee legal protection, raising critical questions about trademark ownership, registration eligibility, and the protection of AI-generated brands in an era where technology outpaces traditional intellectual property frameworks.

The Council of Ministers has issued Orders introducing significant changes to the VAT treatment of immovable property, with effect from 1 September 2026. The amendments to the Fifth and Eighth Schedules of the VAT Law will change the way the VAT treatment of buildings is determined and introduce corresponding changes to the rules concerning the reduced VAT rate applicable to certain renovation and repair works.

Without legal structure, ownership is conditional, control is temporary, and transfer is uncertain. This article examines why wealth accumulation alone is meaningless without proper legal architecture, exploring how estate planning, cross-border structuring, and jurisdictional frameworks determine whether assets remain protected and transferable across generations.

As part of its ongoing digital transformation, the Republic of Cyprus has introduced a new electronic service for the renewal of residence permits for third-country nationals. The new platform, launched on 6 July 2026, aims to simplify the renewal process, reduce administrative burdens, and provide a more efficient and user-friendly experience for applicants and their representatives.

The European Court recently dismissed a challenge to an EU sanctions designation, providing crucial clarification on how far the Council's power extends when targeting individuals who facilitate sanctions circumvention. The case centered on a fraudulent scheme to sell frozen shares through a subsidiary structure, raising fundamental questions about jurisdiction and the definition of circumvention. This judgment establishes important precedent for understanding what activities fall within the EU's sanctions

The European Union has adopted its 21st package of restrictive measures against Russia, representing the most comprehensive expansion of sanctions in four years with 218 new designations spanning banks, crypto platforms, military suppliers, and shadow fleet operators.

In our days the rapid rise of artificial intelligence (AI) has transformed many professional services and replaced several job roles, without leaving the legal sector unaffected.

On 23rd June 2026, the Deputy Ministry of Shipping (SDM) issued Circular No. 17/2026, introducing a revised regulatory framework governing the use of Electronic Log Books (e-Log Books) on board Cyprus-flagged vessels...

The Court of Justice of the European Union has ruled on the scope of EU sanctions prohibiting the broadcasting of content from listed Russian media outlets, addressing whether the term 'operator' extends beyond commercial entities to include donation-funded platforms and individuals. The judgment clarifies critical questions about personal liability under Regulation 833/2014 and the relevance of broadcast duration in determining compliance obligations.