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October 30 2009 Cyprus tax legislation does not contain specific provisions relating to the thin capitalization of companies, such as limits on debt-to-equity ratios.

The Market Abuse Regulation (Regulation (EU) No 596/2014 of the European Parliament and of the Council), which aims to strengthen and harmonise the EU regime on market abuse, took effect on 3 July 2016.

A recent decision of the Larnaca District Court reaffirms the well-established principle that punitive and exemplary damages can be awarded on the basis of the degree of liability.

The measurement and reporting procedures are subject to approval and monitoring by officially approved verifiers appointed by each EU member state's designated accreditation body.

Cyprus has been a member state of the European Union since 2004 and one of the top venues for the incorporation and establishment of businesses across Europe.

On 15 December 2016 the "CySEC" issued for consultation a draft law dealing with the submission of complaints about regulatory infringements and the protection of persons raising such complaints...

The Cyprus Companies Law Cap 113 has been amended to transpose the EU Accounting Directive (2013/34/EU) into domestic law with effect from September 23 2016.

There certainly is increased awareness of the need for compliance and it is a product of many factors, the most important of which is the immense increase in regulation that has occurred in recent years.

Bringing your business to Cyprus certainly comes with a lot of benefits.

In our article "A Step by Step guide for forming a Company in Cyprus" published in August 2017 we demonstrated to the reader a detailed approach of the benefits and procedure to be taken in setting up a Company in Cyprus.

In the light of the shifting international tax landscape, enhancing economic substance is becoming a key factor in the formulation of a redefined global tax strategy.

In order to register abranch of a foreign company in Cyprus, the following documents have to be submitted to the Registrar of Companies...

In an article in the October 2016 edition of the European Law Review, Constantinos Lycourgos, a Judge of the European Court of Justice...