Special economic support measures announced by the Cyprus Government due to the coronavirus.
Updated: 18/03/2020 This is summary of the financial measures anounced by the government last Sunday 15/03/2020. Special Leave Granting of “Special Leave” to parents working in the private sector for...
State of emergency declared in Cyprus till the 30th of April 2020.
Date of original publication: 15/03/2020. The President of the Republic of Cyprus Nicos Anastasiades has declared Cyprus to be in a state of emergency as a response to the increasing...
Companies House in Cyprus.
The companies house in Cyprus is the department of the Registrar of Companies and Official Receiver as it is called. The registrar of companies has recently launched a new website...
Open a company in Cyprus. Find all the information free!
There are many reasons to open a company in Cyprus. An important one is the possibilities that are offerred in terms of sensible tax planning. Asset protection is also another...
Alert! Failure to file Annual Return on time leads to an administrative fine.
Following a change in Company Law that took place in March 2019, the non timely submission of the annual return will lead to an automatic fine. The annual return is...
What are the rights of a shareholder in a private limited company?
Many times I get asked the question, usually from minority shareholders, what are my rights as a shareholder? There is a simple answer and a more complicated one. In this...
Registration of ships in Cyprus , Frequently Asked Questions.
Here are the answers to some frequently asked questions about ship registration in Cyprus. 1.Is parallel registration of a ship possible in Cyprus? In case of a provisional registration (prior...
UK nationals living in Cyprus. What happens to your residence rights in case of a no-deal scenario with Brexit?
Citizens of the European Union have the right to move freely work and reside in any Member State of the EU under the DIRECTIVE 2004/38/EC (thereto ‘Citizenship Directive’) In the...
Current developments in the Cyprus Banking sector.
As at July 2019. I am publishing this article as additional guidance to our clients that operate a bank account through a company in Cyprus or wish to open a...
Moving your business to Cyprus due to Brexit.
Many companies and high net-worth individuals examine the regulatory and legal framework of other EU jurisdictions in view of Brexit. Brexit and Cyprus. Cyprus even though a small economy, provides unique...
