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The Department of Registrar of Companies and Intellectual Property (DRCIP) informs that all companies incorporated or registered under the Companies Law, Cap. 113, all European Public Limited Liability

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Effective from November 14, 2023, the UBO Registry of Beneficial Owners is implementing the final solution for its electronic system.

In recent months, Cyprus has experienced significant credit rating upgrades from major international agencies, signaling a robust economic trajectory and enhanced fiscal stability.

The Cyprus government announced, on 21 February, the abolition of the €350 Annual Levy payable by all registered entities in Cyprus to the Registrar of Companies & Intellectual Property...

Cyprus Remote Employers.

For 2015 and subsequent tax years a notional interest deduction (‘NID') is available on new equity capital introduced into companies and permanent establishments of foreign companies.

On the 15th of February 2024, the Plenary of the Cyprus Parliament ratified a noteworthy amendment to the Companies Law (Cap.113), signifying a pivotal...

In all cases, where Russian Banks have claims against Russian citizens, pursuant to loan agreements, or guarantees, the Russian Banks shall arrange, before the filing of any civil action in Russia, against the said individuals to assign in writing such claims to Cypriot companies (SPV’s) in order to meet the requirements of the provisions of the Bilateral Treaty, between Cyprus and Russia, regulating the direct recognition and enforcement of Russian judgments in Cyprus.

Cyprus has emerged as a prime destination for businesses aiming to broaden their operations within the European Union, leveraging the Intra-Corporate Transfer (ICT) scheme to streamline this process.

There is a flat fee of EUR 105 for registration and an annual company maintenance fee of EUR 350.

Recently, the District Court of Paphos granted a decision in relation to the appointment of a Lawyer to act on behalf of a Company in judicial proceedings as follows...

Recently, The Institute of Certified Public Accountants of Cyprus (ICPAC) proposed an alternative option to the assurance of the financial statements of very small entities.

On 6th of October 2022 the Cypriot House of Representatives approved the "Law on the Shipping Limited Liability Company of 2022" (the "SLLC Law").

We are pleased to present to you the release of our latest M&A Deals Opportunities newsletter. The new edition features a selected list of unique business investment opportunities currently promoted by KPMG's Deal Advisory.

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Recent legal disputes in Cyprus highlight growing concerns among companies penalised by the Registrar of Companies for failing to update their beneficial ownership details.