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  • Article

    Law On Citizenship For Highly Skilled Foreign Professionals

    In a crucial parliamentary session on November 30, Cyprus greenlit a game-changing legal update, the "Law on Citizenship for Highly Skilled Foreign Professionals."
    CyprusImmigration
    Symeon Pogosian LLC
    Symeon Pogosian LLC
  • Article

    Provisional Agreement On European Anti-Money Laundering Authority (AMLA)

    AMLA will wield both direct and indirect supervisory powers over high-risk obliged entities within the financial sector.
    European UnionGovernment, Public Sector
    Symeon Pogosian LLC
    Symeon Pogosian LLC
  • Article

    Schengen Information System: The Upcoming Accession Of Cyprus

    As it was announced recently, Cyprus will join officially the Schengen Information System on 25 July 2023.
    European UnionGovernment, Public Sector
    Symeon Pogosian LLC
    Symeon Pogosian LLC
  • Article

    Crucial Updates To UBO Registry: Compliance Timeline And Penalties

    Effective from November 14, 2023, the UBO Registry of Beneficial Owners is implementing the final solution for its electronic system.
    CyprusCorporate/Commercial Law
    Symeon Pogosian LLC
    Symeon Pogosian LLC
  • Article

    Title Deed In Cyprus: Why Is It Important?

    The title deed contains essential information about the property, including the location, size, boundaries and details of the owner.
    CyprusReal Estate and Construction
    Symeon Pogosian LLC
    Symeon Pogosian LLC
  • Article

    Important Changes In VAT Law For Property Transfers

    Effective as from the 1st of November 2023, a significant shift in Cyprus tax legislation, marked by the introduction of Law 42(I)/2023, has come into play.
    CyprusTax
    Symeon Pogosian LLC
    Symeon Pogosian LLC
  • Article

    Inauguration Of The One Stop Shopping Centre

    On Monday, November 20, 2023, the Ministry of Shipping will inaugurate the One Stop Shipping Centre (Μονοθυριδικό Ναυτιλιακό Κέντρο Εξυπηρέτησης).
    CyprusTransport
    Symeon Pogosian LLC
    Symeon Pogosian LLC
  • Article

    E-Justice Revolution

    In a groundbreaking development, the era of Electronic Justice has arrived! On December 18, 2023, the new Electronic Justice system, e-Justice, will come into effect.
    CyprusLaw Department Performance
    Symeon Pogosian LLC
    Symeon Pogosian LLC
  • Article

    Establishment Of A Maximum Rate Of 6% For Rent Increase

    On 12th of April 2023, based on the recommendation of the Minister of Justice and Public Order...
    CyprusReal Estate and Construction
    Symeon Pogosian LLC
    Symeon Pogosian LLC
  • Article

    UBO Reporting Obligations: Comprehensive Overview Of The Final Solution Implementation For The Register Of Beneficial Owners

    The transition to Period B, commencing on 1 January 2024, marks a critical juncture where penalties will be enforced for non-compliance.
    CyprusCorporate/Commercial Law
    Symeon Pogosian LLC
    Symeon Pogosian LLC

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