During February 2016 a number of changes to the Aliens and Immigration Law (Cap.105) took effect, including changes to the "fast-track" procedure for applications for permanent residence permits...

Regulating the conduct of public authorities in their execution of requests submitted by citizens of the Republic of Cyprus was the focus of a recent Supreme Court of Cyprus judgement.

Temporary licences, which were due to expire on 30 June 2018, will now expire on 30 June 2019.

The new double taxation agreement between Cyprus and Luxembourg, which was signed on 8 May 2017, has now been ratified by both countries.

The Cyprus Ministry of Finance has made known that the double tax agreement with Saudi Arabia, which was signed on 3 January 2018, will enter into force on 1 March 2019.

Cyprus Tax Department announced that all Financial Institutions have been granted an extension to the reporting deadline for FATCA and CRS/DAC2 purposes.

The Cyprus Tax Department has issued a further reminder to taxpayers that most direct taxes may now only be paid online via the website JCCsmart.com.

On 12 March 2021, a decree from the Minister of Finance was published in the Official Gazette of the Republic. The decree extends the deadline for the submission of the 2019 Tax Returns...

The Cyprus government has announced its intention to improve the liquidity of the national financial system by introducing a tax amnesty encouraging taxpayers to repatriate funds hidden overseas.

The protocol was signed on in December 2015 and will take effect on 1 January 2019, provided it is ratified by both countries before that date.

The agreement on air transport between the Republic of Cyprus and the Syrian Arab Republic concluded in 2009 has been ratified by Cyprus under Law 4(VII) of 2010.

The Shipping Deputy Ministry of the Republic of Cyprus has launched a tender process for the establishment of a passenger maritime link between Cyprus and Greece (Service of General Economic Interest).

The credit facility was substantially oversubscribed by a group of 13 leading international banks.

Croatia became the twenty-eighth Member State of the European Union on 1 July 2013.

The Cyprus Tax Department announced that the double tax agreement with Bahrain, which was signed on 9 March 2015, entered into force on 28 April 2016 following completion of ratification procedures in both countries.

The Cyprus Department of Merchant Shipping has announced the arrangements for the implementation of Directive 2013/53 / EC on recreational craft and personal watercraft, which replaced Directive 94/25/EC as amended with effect from January 18, 2016.

In late 2014 and early 2015 we acted as lead counsel co-ordinating all aspects of the successful €800 million hostile mandatory public takeover offer by Joma Industrial Source Corp (Joma) of CAT Oil AG, an Austria-based holding company which is listed on the Frankfurt Stock Exchange (O2C).

The new double taxation agreement between Cyprus and Iceland, which was signed on 13 November 2014, entered into force on 22 December 2014.

The Cyprus Tax Department has issued an announcement informing taxpayers who have applied to participate in the scheme for settlement of overdue tax liabilities by instalments that failure to comply ...

The Eurogroup of Eurozone finance ministers has approved the release of the fourth tranche of financial aid to Cyprus by international creditors.