The option of voluntary winding up a company is afforded pursuant to Article 203 of the Companies Law, Cap 113 as amended from time to time (the "Law").

Cyprus has established itself as an attractive investment fund hub in Europe.

On the 6th of October 2022, the House of Representatives approved the Shipping Limited Liability Company Law (SLLC) of 2022.

Technology and innovation are the future and the Republic of Cyprus has been taking positive steps to ensure that it will be at the forefront in these areas.

On 21 April 2023, pursuant to Regulation 6(2) of the Alien and Immigration Regulations the Cyprus' Council of Ministers revised the investment scheme for residents of third countries i.e. to non-EU nationals who wish to obtain a permanent residency permit in Cyprus.

As of 28 July 2006, the Cyprus Companies Law, Cap. 113, pursuant to the amending law 124(I)/2006, allows for the re-domiciliation of overseas companies in and out of the Republic of Cyprus.

On 1 July 2023 the new Research & Development Block Exemption Regulation and the new Specialisation Block Exemption Regulation came into force replacing the older versions which have applied since 2010.