24
November 2023

A proposal for a new law regulating the working conditions on Telework in the private sector has been approved by the Plenary of the House of Representatives last Thursday, 16 November 2023. Despite the developments that have taken place in recent years at national level in relation to telework and its gradual implementation by companies, […]

28
September 2023

The Ultimate Beneficial Owners Register (the “UBO Register”) is a digital and publicly-accessible catalogue for mandatory disclosures concerning ultimate beneficial owners (the “UBO”). All companies registered according to Cyprus Companies Law Cap. 113, as amended, the European public limited liability companies (SE) and the partnerships are obligated to maintain and supply the Registrar of Cyprus […]

28
September 2023

The Law on the Facilitation of Strategic Development Projects of 2023 (Law 84(I)/2023) (the “Law”) has been recently enacted by the House of Representatives to simplify the licensing procedures of “strategic development projects” with the aim of placing Cyprus higher in the list of countries offering attractive investment opportunities. The Law’s core objective is, through […]

27
September 2023

Introduction Cyprus is one of the most attractive tax planning jurisdictions. Its favourable taxation system together with its excellent infrastructure facilities and high quality of services have led to Cyprus being considered as one of the most reputable international financial centers. What sets Cyprus apart from any other International Business Centre is the fact that […]