Artificial intelligence (‘AI’) has admittedly acquired a significant role in our everyday lives. Regulation (EU) 2024/1689, commonly referred to as ‘the AI Act’, recently adopted
The 14th package of sanctions against Russian Federation was issued by the European Commission on 24/06/2024. With the new package of sanctions, the Council has
We are delighted to announce that our law firm has been awarded a Mondaq Thought Leadership Award in Spring 2024 awards of Mondaq. Our legal
The Registrar of Companies has announced a further extension of the deadline for re-submission of the UBO (Ultimate Beneficial Owner) data through the Final Solution
The system for updating/re-registering the particulars of ultimate beneficial owners opened on 14 November 2023, according to relevant announcement of the Registrar of Companies regarding
According to Social Insurance Law 59(I) of 2010, amendments in regards to the social insurance contributions will take effect starting from the 1st of January
The Apostille Convention of the Hague Conference came into force in China on the 7th of November 2023. With this transition, the traditional legalization process
As a result of the continued resilience of the Cypriot economy and credit conditions, which are leading to supporting operating conditions for Cypriot banks, Moody’s
The criteria for obtaining permanent residency in Cyprus through Category 6 (2) have recently been amended with the approval of the Council of Ministers. The
On the 31st of August 2022 the Council of Ministers issued the historic decree on minimum wage. The Decree applies to all employees in Cyprus