All about Cyprus.

Because of the numerous advantages that Cyprus provides, it is an excellent location for international companies. In addition to its strategic geographic location and outstanding commercial infrastructure, Cyprus also benefit from several tax perks, which have all contributed to the country's development as an important international business centre. Cyprus also has a sophisticated banking system, which is an added bonus to its already illustrious business environment. Tax breaks for International Business Companies (IBCs), shipping companies, international trusts, and partnerships are provided by the Cyprus government in order to entice foreign investment into the country. Despite its low-tax, Cyprus has not been considered a tax haven as it enjoys the approval of EU and other jurisdictions through its compliance with international treaties. This is important as it ensures that entities incorporated in Cyprus can enjoy both a low-tax regime and the reputation of having a company in a renowned business centre.


Cyprus Work and Residence Permits

Are you looking for a European country to relocate your business? Maybe you are looking for somewhere to move with your family? Cyprus is just for you!


Amendment of the Special Defence Contribution law - Expansion of application of 3% reduced rate

The Cyprus Parliament passed amendments to the Special Defence Contribution ("SDC") law on May 26, 2022, with the goal of expanding the application of the reduced SDC rate of 3%. On June 8, 2022, the amending SDC law was published in the Gazette and became effective on that date.

Beneficial Ownership Register of Express Trusts and Similar Legal Arrangements.png

As of the 17th of May 2022, the Cyprus Security and Exchange Commission (“CySEC”) has commenced the operation of an online platform for the Cyprus Beneficial Ownership 


Intellectual Property (IP) is a term used to describe intangible property which are mind creations such as patents, software programs, formulas, inventions, copyright, trademarks and other.


Your A to Z guide on how to become a Crypto Asset Service Provider in Cyprus...


Setting and establishing a business in Cyprus may initially seem like a simple process, but through our experience, we can safely state that it is not without its challenges.


What is Economic Substance?Economic Substance is the international tax law principle that mandates that for a transaction to be considered valid, it must have an economic purpose other than the reduction of tax liability.


New Foreign National Residence Permit Categories Have Been Approved By The Cabinet

Foreign nationals with an annual income of 40,000 euros, a privately owned house worth at least 250,000 euros, and who are investors, self-employed, or employees under certain conditions can work or stay in Cyprus.

UBO Registry.png

According to an announcement made on the 24th of May 2022 by the Registrar of Companies and Intellectual Property Department, 


Companies are predominately created to serve a purpose and usually that purpose is profit making, so what do you do when the purpose of the company becomes obsolete? 


In general, expenses incurred wholly and exclusively for the purpose of generating taxable income are deductible against the company's taxable income...


The Cyprus government published its Action Plan for recruiting firms to establish or extend their activities in Cyprus on October 15, 2021...


Relocation to Cyprus

Thinking of relocating and working in Cyprus? We don’t blame you! Cyprus is a highly attractive jurisdiction not only to set up and run your business, but also to live and enjoy the benefits of the island life.


Due to the  impact of the COVID-19 on businesses, the Organization for Economic Cooperation and Development (OECD) and the European Union are looking into ways to expand their access to information that would be useful to tax authorities in their respective Member States.

New tax incentives.png

On Tuesday, 10/05/2022, the Cabinet of Ministers approved a new bill with tax incentives aiming to promote headquartering and attract high-quality workforce to the island.


The origin of the trust concept has its roots from ancient times in the Roman law, but has been particularly developed and honed in the English legal system during the 12th and 13th centuries...



Because of the numerous advantages that Cyprus provides, it is an excellent location for international companies.


Visa is an official permit for an individual to cross certain geographical borders under pre-defined conditions.