128 results found

The strategic location of the island of Cyprus and its considerable wealth in ancient times have made it subject to occupation by several different nations ...

In an attempt to attract foreign investments to the Island and help economic growth, the Cyprus government in March 2021 revised Regulation 6(2) of the Aliens and Immigration Regulations.

The Council of Ministers will be finally introducing the much talked about Foreign Direct Investments ("FDI") Bill to Parliament for approval, aiming to screen foreign investments that may pose risks to national security...

The tax reform that came into effect in January exemplifies how legal change can simplify, clarify, and enhance certainty without fundamentally altering the system. The reform addressed key areas where uncertainty had previously existed, particularly in relation to corporate tax treatment and compliance expectations, providing clarity on grey areas that could create doubt for companies operating on the island. Rather than overhauling the entire tax system, the reform focuses on certainty and reliability.

A Cyprus Company is one of the most popular and effective method of tax planning.

Amendments to the Income Tax Law (ITL) were approved by the House of Representatives and published in the official gazette on of July 26, 2022 as the Income Tax Law 121(Ι)/2022 (Amending) (No 6) of 2022.

The new law gives effect to Regulation (EU) 2019/452, introducing a formal review process for certain investments by non-EU investors into Cyprus businesses.

On Friday 15th of October 2021, the Ministry of Finance of Cyprus announced its new action plan for attracting foreign investment and enhance business activity in Cyprus,...

An individual is considered as domiciled in Cyprus by way of domicile of origin or by domicile of choice.

Cyprus Notional Tax Deduction (NID) is a deduction against taxable profit calculated by applying a "reference interest rate" to new equity injected into companies and used by companies for the performance of its activities under certain conditions and constraints.

The Cyprus government has formulated a "fast-track" Citizenship scheme aimed at high net worth individuals, investors and entrepreneurs.

Even if you've been here before, there's always a new aspect of this world to discover. Cyprus, located at the Eastern Mediterranean Sea, at the cross roads of Europe, Asia and Africa...

Cyprus has recently enacted the Foreign Direct Investment (FDI) Screening Law of 2025, which will come into force on 2 April 2026 (the "FDI Law").

Cyprus is a member of the European Union and the Eurozone.

The Cypriot cabinet has approved the so-called Cyprus Startup Visa scheme on the 15th of February 2017 with the aim to attract foreign investments from non-EU countries (third countries) to Cyprus in the fields of innovation and research and development (R&D).

Thanks in no small part to an influx of foreign investment, in recent years Limassol has emerged as the financial hub of Cyprus. As a corollary of this development...

"Building on decades of steady development, underpinned by a formidable reservoir of professional and administrative talent and blessed by one of the sunniest climates in the world, the Republic of Cyprus is becoming known as a place where money works and where things get done."

Cyprus Finance Minister Harris Georgiades Dec. 11 said that there would be no new taxes or cutbacks in the coming year when he announced the 2015 budget to parliament.