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Category Archives: News

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Russian Sanctions
News

14th Package of Sanctions against Russia

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

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July 3, 2024
News

Mondaq Thought Leadership Award

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

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June 7, 2024

Deadline for UBO Register: Further Extension

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

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January 31, 2024

Extension of interim solution by the registrar of companies

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

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December 21, 2023
social insurance contribution cyprus
News

Increase in Social Insurance Contributions in 2024

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

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November 16, 2023
China apostille convention
News

China joined the Apostille Convention

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

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November 14, 2023
investment status
News

Investment Status Upgrade by Moody’s Investor Service

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

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October 9, 2023
permanent residency cyprus changes 2023
News

Changes to Permanent Residency Program Category 6(2)

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

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June 8, 2023
News

Cyprus passes Decree on Minimum Wage

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

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September 5, 2022
cyprus AML compliance
News

Cyprus Advances AML & CTF Compliance Level

The Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL) has reached to the conclusion that Cyprus is

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February 4, 2022
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