by Natali Zenonos | Sep 23, 2019 | Uncategorized
The key investment criteria to acquire citizenship by exception pursuant to the Purchase or establishment or Participation in Cypriot Companies or Businesses are as follows:- The company must have a physical presence in Cyprus with at least 5 x employees (EU/CYP) and...
by Natali Zenonos | Sep 5, 2019 | Uncategorized
On 13.2.2019 the Council of Ministers purposing, to ameliorate the “Cyprus Investment Program”, introduced new criteria and terms based on which non–Cypriot entrepreneurs/ investors and members of their families may submit applications in accordance with the...
by Natali Zenonos | Aug 1, 2019 | Uncategorized
Any profit resulting from the disposal of immovable property is subject to a tax at the rate of 20% on that gain, subject to certain exceptions. The total amount payable is subject to exemptions, depending on the type of transactions and the relation between the...
by Natali Zenonos | Jul 19, 2019 | Uncategorized
It is a common misconception that parties may conclude a pre-nuptial agreement or apply a pre-nuptial agreement made in a country other than Cyprus to regulate the division of their property in the event of the dissolution of their marriage. In Cyprus pre-nuptial...
by Natali Zenonos | Jun 26, 2019 | Uncategorized
The final decision to leave the EU has not yet been reached but if the Brexit does go ahead you should know your rights in Cyprus as UK citizens or family members of UK citizens. The practical implementation of the Withdrawal Agreement concerning residence rights of...
by Natali Zenonos | Jun 21, 2019 | Uncategorized
In an effort to strengthen the transparency of the Cyprus legal and tax systems in compliance with EU and OECD standards Cyprus Tax Authorities have introduced new criteria for the determination of whether a Cyprus Company maintains its management and control in...
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