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
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
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
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
December 21, 2023
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
November 16, 2023
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
November 14, 2023
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
October 9, 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
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
September 5, 2022
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
February 4, 2022