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Elias Neocleous & Co LLC
On 9 August the CBC published its latest analysis of data on non-performing loans in the Cyprus banking sector, covering the period to 30 April 2018, showing aggregate NPFs and related indicators for the domestic...
Elias Neocleous & Co LLC
Parliament passed a package of legislative measures on 8 July 2018 that aims to encourage the resolution of non-performing loans.
AGP Law Firm | A.G. Paphitis & Co. LLC
The Consumer Protection Service Authority of Cyprus announced the adoption of an Administrative Fine ...
Intertrust
Over the last few years, the Cypriot government, the regulator (Cyprus Securities and Exchange Commission "CySec") and stakeholders of the fund industry have developed a strong collaboration.
Elias Neocleous & Co LLC
Cyprus's new law on alternative investment funds, Law 124(I)/2018 has now entered into effect following its publication in the official gazette. The new law repeals and replaces Law 131(I)/2014.
Soteris Pittas & Co LLC
Waiver is constituted by the deliberate intentional and unequivocal release or abandonment of the right that is later sought to be enforced (see ZHANG –V- SHANGHAI WOOL & JUTE TEXTILE CO LTD (2006) VSCA 133).
Soteris Pittas & Co LLC
In a recent case in which our office has been acting on behalf of the principal debtor/mortgager and its guarantor the powers of an out of court appointed Administrator/Receiver as per a floating charge have been questioned.
Soteris Pittas & Co LLC
In a recent decision, the Supreme Court of Cyprus issued a prerogative order of Certiorari and quashed and cancelled a draconian anti-suit injunction issued by a district court...
Elias Neocleous & Co LLC
Recent developments have underlined the need for businesses to have real substance in order to operate and benefit from tax residence in Cyprus.
AGP Law Firm | A.G. Paphitis & Co. LLC
The Cyprus Securities and Exchange Commission (CySEC) announced recently the creation of its Innovation Hub, designed to address and explore the rise of FinTech and RegTech developments.
Elias Neocleous & Co LLC
Following the extension of tax relief on disposal of immovable property for the purposes of restructuring non-performing loans introduced by Laws 96(I), 98(I), 99(I) and 100(I) of 2018 ...
Shanda Consult Ltd
The Cypriot regulatory body, CySEC has established an Innovation Hub, with the aim to address and explore the quickly evolving FinTech and RegTech developments.
Michael Kyprianou & Co LLC
The scheme for Naturalisation of Investors in Cyprus by exception has proven to be very attractive and popular among high-net-worth-individuals and entrepreneurs ...
Elias Neocleous & Co LLC
The Cyprus Securities and Exchange Commission ("CySEC") has announced that it is to establish an Innovation Hub, designed to address and explore the rise of FinTech and RegTech developments.
Elias Neocleous & Co LLC
These electronic signatures are tamper-proof and their validity can be verified through an online authentication service.
Shanda Consult Ltd
The Committee of Supervision and Control for the Cyprus Investment Programme has published its registry, listing all the licensed service providers for the Cyprus Citizenship by Investment Program.
Michael Kyprianou & Co LLC
Undoubtedly, a Sponsorship Agreement established in the sporting industry nowadays constitutes a challenging and very promising area ...
Michael Kyprianou & Co LLC
On 30/11/2017 the House of Representatives in Cyprus and in accordance with the EU Value Added Tax (VAT) Directive voted a new VAT Law ...
Michael Kyprianou & Co LLC
Sulphur Oxides (SOx) are emitted when marine or other liquid fuels containing Sulphur are combusted. Sulphur Oxides are air pollutants that contribute to acid deposition ...
Michael Kyprianou & Co LLC
The intricate concept of consent, its role as well as its implementation framework enhances its use as a legitimate processing base ...
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Shanda Consult Ltd
The double taxation avoidance treaty between Cyprus and Luxembourg which was signed on 8 May 2017 in Nicosia, has entered into force on 21 of May 2018 with the application of its provisions starting 1 January 2019 aiming to expand trade and economic relations between the two countries.
PwC Cyprus
The first reportable cross-border arrangements will be those where the first implementation step occurs between 25 June 2018 and 1 July 2020.
PKF
According to the Cyprus Income Tax Law, Cyprus companies have the obligation to submit a temporary tax assessment / estimation of their 2018 chargeable income
Elias Neocleous & Co LLC
On 18 May 2018 Cyprus and Andorra signed a double tax agreement, which is the first between the countries. The agreement is closely based on the latest Organisation ...
Elias Neocleous & Co LLC
The VAT Law has been amended to provide for the reduced rate of VAT of 9 per cent to apply to non-exempt supplies provided by nursing homes.
PKF
There have been new changes on the Ukraine – Cyprus Double Tax Treaty. Specifically, Cyprus and Ukraine signed a protocol to amend the existing double tax avoidance agreement on income and capital taxes.
Elias Neocleous & Co LLC
One of the Cyprus Tax Department's main current priorities is to streamline and modernise its processes and make it more convenient for taxpayers to deal with the department by facilitating electronic ...
Kinanis LLC
The Court examined whether the 3 conditions in order for the European Union to incur non-contractual liability were satisfied.
Elias Neocleous & Co LLC
The new double taxation agreement (DTA) between Cyprus and Luxembourg, which was signed on May 8, 2017, entered into force on May 21, 2018, following completion of both countries' domestic ratification procedures.
S. Evangelides & Partners
The 5th AML Directive aims to put in place certain guidelines for European Member States with a set deadline to implement them by the end of 2019.
Elias Neocleous & Co LLC
A fundamental component of the EU digital single market and the facilitation of public services across borders is EU Regulation 910/2014 of 23 July 2014 on electronic IDentification, Authentication and trust Services, known as eIDAS.
Shanda Consult Ltd
Once the Law is published in its final version, we will provide more detailed information here.
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