27 results found

The Cypriot Government has decided to process the pending naturalisation applications via the Cyprus Investment Programme quicker in order to encourage foreign investments into the country and accordingly to increase liquidity into the market.

As part of the new measures of support to businesses and self-employed persons which have recently been announced by the Government of the Republic of Cyprus

On 6 July 2020, the Cyprus government announced that it was seeking to raise up to EURO 750m from the international markets.

On 15 April 2020 Moody's Investors Service announced that it was downgrading the outlook for the Cyprus banking system from ‘positive' to ‘stable' as a result of the probable impact of the...

As the second phase of the pandemic started to affect our country and the implementation of additional measures by the Cypriot Government to end it...

Cypriots who were hoping to gain some respite from this summer's unusually high temperatures once 15th August had passed have been disappointed this week.

The Ministry of Finance – Tax Department, issued two circulars (no. 48 and no. 49) on 20 July 2021 with regard to the tax treatment of government grants and allowances that are given to companies, ...

On 8 May 2020, the European Commission (EC) announced its decision to postpone the entry into force of two EU taxation measures. The postponements are a recognition of the difficulties which Member States and businesses...

The EC issued a Press Release on 8 May 2020, to announce its decision to propose the postponement of two EU taxation measures to take account of the difficulties that businesses and EU Member States are facing at the moment ...

European Commission President, Ursula von der Leyen, today 27 May 2020, announced proposals for a EURO 750 bn relief package to help the European Union (‘EU') tackle an unprecedented economic...

It also refers to the European Commission Action Plan for Fair and Simple Taxation Supporting the Recovery Strategy.

On 29 April 2021 an amendment (the "Law Amendment'') to certain provisions relating to the Procedure for Settlement of Overdue Taxes Law 4(I)/2017 (the "Law") was published in...

The Covid-19 pandemic created an unprecedented situation for the lives and livelihoods of people from every socioeconomic background.

The Coronavirus crisis has created exceptional circumstances and its related economic challenges have triggered the need foremergency actions to be taken by EU member states to deal with them

The coronavirus (COVID-19), and the measures taken by the governments to avoid the spreading of the virus, have already affected many businesses worldwide, including Cyprus.

The Covid-19 crisis has not only led to serious implications for human lives, it is significantly impacting businesses and economies.

The coronavirus pandemic has had and will continue to have a significant impact in our personal and professional lives, in a way that has proved challenging and difficult to predict.

Following the apparent success of the Cyprus Government's strategy to contain the spread of the Covid 19 virus, attention has now been turned to mitigating, and reversing...