by Stelios Spiliotis | Apr 7, 2022 | Business
On 15 October 2021, the Council of Ministers approved the introduction of the Digital Nomad Visa Scheme in Cyprus with a ceiling of 100 residence permits, targeting to attract businesses and talent from abroad. On 3rd March 2022, the Council of Ministers increased the...
by Demetris Nicolaides | Mar 24, 2022 | Business, Cyprus Company Law, Economy, Social Insurance
On 15 October 2021, the Minister of Finance presented a new integrated strategy for attracting new businesses to Cyprus and encouraging their operations in Cyprus (the “Strategy”) aimed at making Cyprus a Sustainable Business and Commercial Center in the...
by Demetris Nicolaides | Dec 28, 2021 | Business, Economy, Europe, Income Tax, Tax, World News
The European Commission has published on 22 December 2021 the legislative proposal for a Directive laying down rules to prevent the misuse of shell entities for tax purposes. The Unshell proposal (commonly referred to as ATAD III) is part of the Communication on...
by Demetris Nicolaides | Oct 18, 2021 | Business, Economy, Income Tax, Social Insurance, Tax
On 15 October 2021, the Minister of Finance has presented a new integrated strategy for attracting new businesses to Cyprus and encouraging their operations in Cyprus (the “Strategy”) aimed at making Cyprus a Sustainable Business and Commercial Center in the region...
by Demetris Nicolaides | Aug 19, 2021 | Business, Economy, Europe, Income Tax, Tax
The effects of the COVID-19 have been unprecedented and substantial to businesses across the world with many businesses racking in heavy losses and struggling for survival while many have already closed down permanently. At the EU level, the Commission has taken a...
by Marios Panayides | Jul 8, 2021 | Business, World News
The House of Representatives approved the extension to the deadline for the payment of Euro 350 Annual Company Levy until 31 December 2021. For more details see the announcement at department of registrar of companies and official receiver at the link:...
