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News & Publications

20
Oct

New Tax and Other Incentives to Operate in or Expand Local Operations

As on the 15 October 2021 the Cyprus government presented its Action Plan for attracting companies to operate or expand their activities in Cyprus, in an attempt to make the island a Sustainable Business and Trade Centre of the broader region and Europe. The new tax incentive strategy has been prepared in a manner consistent...
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Eviction Moratorium Deemed to be Unconstitutional
19
Oct

Eviction Moratorium Deemed to be Unconstitutional

In its recent ruling issued on the 5th of October 2021, the Supreme Court ruled as unconstitutional the bill passed by the Cyprus Parliament extending the moratorium on tenant evictions, which was passed then in an effort to reduce the impact on social and economic consequences of the COVID-10 pandemic. In its ruling, the Supreme...
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Issuance of Registration and Operating Conditions of Crypto Asset Service Providers by CySEC
22
Sep

Issuance of Registration and Operating Conditions of Crypto Asset Service Providers by CySEC

The Cyprus Securities and Exchange Commission (CySEC) published a detailed Policy Statement on 13 September 2021, covering the registration process and operations of crypto asset service providers (CASPs). The Policy Statement has been awaited and followed CySEC’s first issued Directive for the prevention and suppression of money laundering and terrorist financing (Register of Crypto Asset...
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Working from Home Abroad – Employers’ Considerations
29
Jul

Cyprus – Working from Home Abroad – Employers’ Considerations

Working from Home Abroad – Employers’ Considerations Introduction With the recent shift in the work environment forced upon the globe under the COVID pandemic, we have seen a vast and swift change in the status quo as people were compelled to work remotely from home. In this historic shift, with both employees and employers realizing...
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FAQs relating to Rapid Antigen Tests as of the 1st August 2021
27
Jul

COVID-19 – FAQs relating to Rapid Antigen Tests as of the 1st August 2021

COVID-19 – FAQs relating to Rapid Antigen Tests as of the 1st August 2021 The Ministry of Health of the Republic of Cyprus has issued its guidelines and FAQs relating to the upcoming changes for the rapid tests to be available and testing methods, as follows: What changes as of 1st of August onwards regarding rapid...
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