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The Cyprus Commissioner for Income Tax has recently clarified his department’s policy on acceptable margin parameters for taxable interest in transactions involving Cyprus resident companies used as intermediary financing vehicles in back-to-back financing arrangements.

Cyprus and Italy have signed an additional protocol to their agreement on the avoidance of double taxation. The additional protocol provides for the exchange of bank and other information based on the OECD Model Tax Convention.

The protocol to the 1998 double tax agreement between Cyprus and Russia was ratified by Cyprus in September 2011.

Cyprus has been removed from the so-called "blacklist" published by the Portuguese tax authorities.

Philippos Aristotelous, Partner in the firm's corporate department, shares a few thoughts on the modern Cyprus international trust (video).

The Cyprus Securities and Exchange Commission has issued an announcement notifying Cyprus Investment Firms of the European Securities and Markets Authority's recent decision to prohibit...

One of the current priorities for the Cyprus Tax Department is to modernise the administration of the tax system, moving away from a paper-based system to a more streamlined electronic system...

The Protocol to the Russia-Cyprus double tax agreement, which was initialled in 2009, was approved by the Russian Prime Minister in September 2010 and signed by the Russian President during his visit to Cyprus the following month.

The Cyprus Securities and Exchange Commission ("CYSEC") has recently issued directive DI 144-2007- 09 on General Meetings of the members of the Investment Compensation Funds for the clients of Cyprus Investment Firms, pursuant to the provisions of the Investment Services and Activities and Regulated Markets Law (Law 144(I) of 2007) as amended, transposing MiFID into Cyprus legislation.

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In an era of growing globalisation, regulation remains a pivotal force shaping the strategic priorities of financial services firms. As domestic and international legal landscapes continue to evolve, we leverage our market-leading expertise to help clients navigate complexities and develop innovative, practical solutions to their regulatory challenges.

Cyprus has recently introduced the Provision of Crowdfunding Services for Businesses Law of 2024 (the Crowdfunding Services Law), to align with EU Regulation (EU) 2020/1503 on crowdfunding service providers for business.

In a world of increased globalisation, regulation continues to be a key driver of the strategic agenda for financial services firms.

Cyprus is positioning itself as a leading jurisdiction for high-net-worth individuals seeking sophisticated wealth structuring and tax planning solutions. With its non-domicile regime, evolving tax framework, and robust trust legislation, the jurisdiction offers internationally mobile families a comprehensive approach to preserving and transferring wealth across generations within a stable EU environment.