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According to the provisions of the BO Act as well as the Beneficial Owners Regulations, every Seychelles' International Business Company ("IBC")

During this current volatile economic era we are facing, a growing need has developed for a constant transparent dialogue between the various stakeholders and organizations.

Globally, the current economic landscape is placing significant financial stress on businesses, particularly small and medium-sized enterprises...

An important update was recently announced on the 17th of January 2021 by the Department of the Registrar of Companies and Intellectual Property of the Ministry of Energy, Commerce and Industry of Cyprus...

Section 211 (e) of Companies Law CAP. 113 ("CAP. 113"), provides inter alia for the winding up of a Cypriot Company when it is "insolvent".

This measure assists in combating tax evasion, safeguarding public revenues, strengthening civil protection, and facilitating citizens' service.

A decision of major importance was issued by the Court of Justice of the European Union (Grand Chamber) (the Court) on 22nd November 2022 on the invalidity of the provisions in Directive (EU)...

On 02/08/2019, the Parliament has passed the Transfer and Mortgage of Property (Amending) (No. 4) Law of 2019 (the "Amending Law of 2019")

In the context of the Appeal under number E223/21, the Appellants filed an application to amend the title of the Appeal requesting the replacement of the Special Administrator with the Liquidator.

Eurofast recently launched its new website eurofast.eu. The new website offers improved navigation and functionality, creating a user-friendly environment for visitors.

The arrivals of tourists reached 90.549 in January 2023 compared to 43.944 in January 2022, recording an increase of 106,1%.

The 2022 amendments to the Maritime Labour Convention (MLC) took effect in December 2024, introducing important updates to improve the rights and working conditions of seafarers globally.

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.

In a strategic shift, the EU has put key sustainability reporting rules on hold, including the ambitious Corporate Sustainability Reporting Directive (CSRD).

On 15 March 2024, the Cyprus Parliament passed the Companies Law (Amendment) (No. 3) of 2024 (Law 26(I)/2024) (the "Amendment Law"), bringing significant changes to the legal framework...

As expected, at its meeting on 27 January 2015 the Council of the European Union adopted a directive amending the EU parent-subsidiary directive (2011/96/EU) by adding an anti-abuse clause.

Cyprus offers a very favourable corporate environment with an attractive and transparent corporate taxation regime.