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The main problem in the Cyprus property market has been the failure of the developers, due to their financial problems, to issue title deeds to the buyers who paid for the property bought (the "Property") or to transfer the title in case is issued.

Registered Alternative Investment Funds (RAIFs) in Cyprus have become a significant part of the island's investment framework, offering a flexible and cost-efficient vehicle ...

The race to attract innovation and investment that is being observed in recent years has generated the need for legal reform and introduction of incentives for the promotion of Cyprus...

The race to attract start-ups and investment that is being observed in recent years has generated the need for legal reform and introduction of incentives for the promotion of Cyprus as a favorable...

Welcome to our 5 minute tax update broadcasted monthly.

On 18 June 2021, the Council of Ministers exercising its powers under the Assessment and Collection of Taxes Laws

With the ever-increasing popularity of cryptocurrency exchanges around the globe it seems that the use of virtual currencies is only set to become the norm in the future.

The Cyprus Deputy Ministry of Shipping has issued Circular No. 17/2022 informing registered owners,bareboat charterers, managers and representatives of ships flying the Cyprus flag that arrangements...

France, Germany and the UK are seeking to establish a payment channel to bypass the new US sanctions against Iran in order to enable trading between European and Iranian businesses in key sectors, specifically oil industry.

The latest relaxations pertaining to transactions were passed on 17 May 2013 in Decree No 12 under the Enforcement of Restrictive Measures on Transactions in case of Emergency Law of 2013.

The guidelines will enter into force on 30 September 2019, with the 2006 guidelines on outsourcing being repealed at the same time.

In an article in Gold magazine, Marios Charalambides, Partner, Board Member, and Head of Financial Services at RSM Cyprus, discusses family office trends, challenges, and their future outlook.

In addition to being a Common Law jurisdiction, Cyprus is also a Member of the EU.

Swiss Franc loan contracts involved thousands of borrowers in default both in Cyprus and other Balkan and European countries.

The Cypriot banking system is currently being confronted with the issue of providing foreign loans and in particular Swiss francs to both locals and foreigners to cover their housing requirements.

As a member of the European Union (EU) since May 2004, Cyprus is bound to adhere to the regulatory frameworks set forth by the EU...

During the last few years we have witnessed the growing popularity of 'virtual' or 'crypto' currencies. Today, we could even say that their use has become a trend, as many individuals...

The international movement to end banking secrecy has gained new momentum with the enactment in the United States of its 2010 Foreign Account Tax Compliance Act or FATCA.