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  • Article

    Amendment To The Cyprus Companies Law, Cap. 113, Introducing Lighter Financial Reporting Obligations For Cypriot Private Limited Liability Companies

    the company's net turnover (as defined by the Cyprus Companies Law, Cap. 113, and including income received from rent, interest, dividends and exploitations rights) does not exceed the amount...
    CyprusCorporate/Commercial Law
    Nicholas Ktenas & Co LLC
    Nicholas Ktenas & Co LLC
  • Article

    Data Transfers: Post-Brexit UK Receives Commission's Approval

    On 28th June 2021 the European Commission adopted an adequacy decision under Regulation (EU) 2016/679 (the "Decision") for the transfer of data from the EEA to the UK, the first such decision in the post-Brexit era.
    European UnionPrivacy
    Nicholas Ktenas & Co LLC
    Nicholas Ktenas & Co LLC
  • Article

    The Cyprus Digital Nomad Visa Scheme

    As part of the government's strategy for attracting businesses for activities or/and expansion of their activities in Cyprus, on 15 October 2021, the Council of Ministers approved the implementation of a Digital Nomad Scheme in Cyprus ...
    CyprusImmigration
    Nicholas Ktenas & Co LLC
    Nicholas Ktenas & Co LLC
  • Article

    The Obligation To Accept Payment Means By Card And The Requirement For A POS Terminal

    On 18 June 2021, the Council of Ministers exercising its powers under the Assessment and Collection of Taxes Laws
    CyprusTax
    Nicholas Ktenas & Co LLC
    Nicholas Ktenas & Co LLC
  • Article

    How To Protect Your IP Rights For Up To 50% Off

    The "Ideas Powered for business SME Fund" is a European Commission initiative implemented by the European Union Intellectual Property Office which consists of a €20 million grant scheme helping European small and medium-sized enterprises ...
    CyprusCorporate/Commercial Law
    Nicholas Ktenas & Co LLC
    Nicholas Ktenas & Co LLC
  • Article

    Buying Real Estate Property In Cyprus

    Cyprus is a popular destination for setting up a business, mainly due to its geographical location, its full European Union membership...
    CyprusReal Estate and Construction
    Nicholas Ktenas & Co LLC
    Nicholas Ktenas & Co LLC
  • Article

    "Safe Pass": Is Cyprus Making Concessions To The Protection Of Personal Data Under The GDPR To Deal With COVID-19?

    On 13/5/2021 the Commissioner for Personal Data Protection published a set of Frequently Asked Questions and answers regarding the application of the provisions of Ministerial Decree No. 16 of 2021, issued on 8/5/2021, ...
    CyprusPrivacy
    Nicholas Ktenas & Co LLC
    Nicholas Ktenas & Co LLC
  • Article

    International Data Transfers Under The GDPR: From Schrems To The New Standard Contractual Clauses And The EDPB Recommendations

    The new SCCs will enter into force on 27/6/2021 and organizations may begin incorporating them into new contracts after this date
    European UnionPrivacy
    Nicholas Ktenas & Co LLC
    Nicholas Ktenas & Co LLC

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