News & Publications

COVID-19 Measures by the Registrar of Companies to Assist Companies

COVID-19 Measures by the Registrar of Companies to Assist Companies

The following emergency measures have been taken by the Department of the Registrar of Companies and Official Receiver in Cyprus as of the 23/03/2020: The procedure for conformity as to filing of outstanding...
Financial Support Package by Cyprus Government

Financial Support Package by Cyprus Government as to the COVID-19 Emergency

The below form the key elements of the “Support Package” in terms of financial assistance announced by the Cyprus Government on 15/03/2020: Granting of “Special Leave of Absence” to parents working in the...

Employer and Employee Rights and Obligations under the COVID-19 Virus

Upon receiving multiple enquiries from our clients and other interested parties relating to rights and obligations of both employers and employees in Cyprus, in light of the outbreak of the COVID-19 virus, we...

Cyprus – VAT Refund On Plot Purchases

The Cyprus tax authorities announced on 24 September 2019 that individuals who had purchased undeveloped building land on or after 2 January 2018 for the sole purpose of constructing a dwelling to be...

Cyprus – New Law For Evictions and Non-Paying Tenants

It has been months since the first discussions started in the Cypriot Parliament surrounding expedited eviction and now, it has officially become part of the Rent Control Act 23/1983 as of the 31st...
Yacht Leasing Guidelines

Cyprus – Yacht Leasing Guidelines for VAT Matters

Cyprus – Yacht Leasing Guidelines for VAT Matters The Cyprus Tax Authority issued its relevant Circular during the first semester of 2019, to provide guidance as to the implementation of VAT and the...
British Virgin Islands – Release of the Final Economic Substance Regulations

British Virgin Islands – Release of the Final Economic Substance Regulations

The British Virgin Islands’ International Tax Authority (ITA) has issued the final Rules on Economic Substance in British Virgin Islands (BVI) setting out the implementation of the Economic Substance (Companies and Limited Partnerships)...

Cyprus – Private Prosecution – Disclosure of Material Evidence

Does the duty to disclose all material evidence in regards to a criminal charge apply in private prosecution? The Supreme Court has upheld a recent trial Courts decision, in its decision dated 09.10.2019...
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