As per the new restrictive measures announced on the 21st December 2021, the following shall be applicable: the re-opening of schools after the Christmas holidays on 10 Januaryand upon the students’ return, all students, teachers and other school staff must present a negative 72 hour-PCR laboratory test or 48-hour rapid antigen test. the extension of all other provisions of...Read More
Cyprus Government has proceeded to extend, ad of the end of November 2021, the regulations relating to the granting of tax relief on loan restructurings. Persons can benefit from this scheme due to the extension which is now valid until the 31st December 2022. The exemptions and incentives granted are: No payment of stamp duty...Read More
As per the new restrictive measures announced today 02/12/2021, Passengers aged 12 years and over are obliged to carry out a PCR test until 10 January 2022. In the context of actions taken by the Government to curb the pandemic and to safeguard the health system from increased hospitalizations of COVID-19 patients, the Council of...Read More
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...Read More
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...Read More