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  • Article

    Cyprus' Credit Rating Upgrades: What's The Effect On Businesses And Investments

    In recent months, Cyprus has experienced significant credit rating upgrades from major international agencies, signaling a robust economic trajectory and enhanced fiscal stability.
    CyprusCorporate/Commercial Law
    Eurofast
    Eurofast
  • Article

    EBA Guidelines On Group Capital Test For Cyprus Investment Firms

    On 22 October 2024, the Cyprus Securities and Exchange Commission (CySEC) announced its adoption of the European Banking Authority...
    CyprusCorporate/Commercial Law
    Harneys
    Harneys
  • Article

    Foreign Inflows Boost Tax Revenue - The Importance To Cyprus Of The International Business Sector

    The advantages of Cyprus as an international business sector.
    CyprusCorporate/Commercial Law
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Navigating Deals Amidst Strong Headwinds

    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.
    CyprusCorporate/Commercial Law
    KPMG in Cyprus
    KPMG in Cyprus
  • Article

    Post‑MiCA Transition: A New Regulatory Phase For Cyprus’ Digital Assets Ecosystem

    This page contains standard legal and copyright information for Chrysostomides Advocates and Legal Consultants' website, including Google reCAPTCHA implementation details and links to relevant privacy policies and terms of service.
    CyprusCorporate/Commercial Law
    Chrysostomides Advocates & Legal Consultants
    Chrysostomides Advocates & Legal Consultants
  • Article

    Amendments To The Transfer And Mortgage Of Property Law N.9/65

    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")
    CyprusInsolvency/Bankruptcy/Re-Structuring
    Harris Kyriakides
    Harris Kyriakides
  • Article

    Freezing Of Bank Accounts And Registration Of A Charge On Immovable Property For Social Insurance Debts

    A new bill proposing the introduction of recovery measures in respect of Social Insurance obligations that has been engineered by the Ministry of Labour, has attracted particular interest as to the financial and ...
    CyprusInsurance
    A. Karitzis & Associates L.L.C
    A. Karitzis & Associates L.L.C
  • Article

    ANDREAS NEOCLEOUS & CO Assists The Republic of Cyprus in the Implementation of Council Regulation No 2157/2001 on the Statute for a European Company

    The concept of the "Societas Europea", a European corporate form transcending national boundaries and common to all member states, was first proposed in the late 1960s. More than 30 years later, on 8 October 2001 the Council of the European Communities adopted Council Regulation No 2157/2001 on the statute for a European company and the supplementary Council Directive 2001/86/EC with regard to employee involvement.
    CyprusInternational Law
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Cyprus Supreme Court Reaffirms Mortgage Autonomy And Rejects Vagueness Claims

    In a unanimous judgment given on the 12th of June 2025, the Supreme Court of Cyprus reaffirmed that a mortgage creates an autonomous primary obligation, independent of the lender's ability to prove a debt against the mortgagor personally.
    CyprusLitigation, Mediation & Arbitration
    Phoebus, Christos Clerides & Associates LLC
    Phoebus, Christos Clerides & Associates LLC
  • Article

    Suspension Of Foreclosures Involving Primary Residences Or Businesses Dwellings Until End Of March 2021

    On 17.12.2020, the Parliament adopted the amendment of the Transfer and Mortgage of Property (Amending) (No. 2) Law of 2020 (the "Law") with 31 votes in favour and 17 against.
    CyprusReal Estate and Construction
    Harris Kyriakides
    Harris Kyriakides
  • Article

    Minister Of Finance Announcement Regarding The Non Application Of Administrative Penalties On Late Submission Of Certain Direct Tax Returns

    On 1 December 2021 the Cyprus Minister of Finance issued an Announcement saying that the late submission of certain direct tax returns will not carry any administrative penalties if these direct tax returns are submitted by the end of Monday 6 December 2021.
    CyprusTax
    PwC Cyprus
    PwC Cyprus
  • Article

    Clarification On Trading Of Virtual Currencies By The Cyprus Securities And Exchange Commission

    The Cyprus Securities and Exchange Commission has issued Circular C268 subject to which it has clarified its position in relation to the trading of derivatives in virtual currencies.
    CyprusTechnology
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    The Effect Of Technological Disruption On The Legal Profession

    Technological disruption to the legal profession profoundly reforms the manner in which law firms operate in the legal industry.
    CyprusTechnology
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    The MiCA Question Mark

    In the last few years, the European Union ("EU") has been creating a package of measures to enable and support the potential of digital finance. More recently, as part of the European Digital...
    CyprusTechnology
    A.G. Erotocritou LLC
    A.G. Erotocritou LLC
  • Article

    The Proposed Bill On "The Distributed Ledger Technology Law Of 2021" Is Now Under Public Consultation

    In June 2019, the Council of Ministers of Cyprus, approved the National Strategy for Decentralized Technologies-Blockchain.
    CyprusTechnology
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    The AGP Law Shipping & Maritime Service Offering

    AGP Law can offer a range of legal services to shipping companies and ship management companies, including: Formation and Registration of Shipping Companies: We can assist with the formation...
    CyprusTransport
    AGPLAW | A.G. Paphitis & Co. LLC
    AGPLAW | A.G. Paphitis & Co. LLC
  • Article

    Additional Rates For Calculating Notional Interest Deduction For New Equity Capital Announced

    Earlier in 2016 the Tax Department announced the 10-year government bond rates at December 31 2014, which will be used as the basis for the notional interest deduction for the 2015 tax year for Cyprus, Germany, India, Romania and Russia...
    CyprusWealth Management
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Amendments To The Liberalisation Of The Interest Rate And Related Matters Law Of 1999

    On 9 September 2014 a new law amending the Liberalisation of the Interest Rate and Related Matters Law of 1999 ("the LOIRL") was published in the official gazette and took effect.
    CyprusWealth Management
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Cyprus Reporting Regulatory Infringements

    On December 15 2016 the Cyprus Securities and Exchange Commission (CySEC) issued for consultation a draft law dealing with the submission of complaints about regulatory infringements and the protection of persons raising such complaints...
    CyprusWealth Management
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Financial And Investment Law Changes

    At the end of January 2015 a number of detailed amendments were made to Cyprus laws regulating the financial and investment sector to align them with EU legislation.
    CyprusWealth Management
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC

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