On 30/11/2022, the Council of Ministers approved the Amendment of the Policy for the Registration of Companies in the Register of Foreign Interest Companies. The Decision modifies the eligibility criteria of foreign interest companies and specifically includes the criterion of a company’s obligation to prove an...
The Department of Registrar of Companies and Intellectual Property announces that, following the Judgement of the Court of Justice of the European Union (CJEE) in joined cases C-37/20 and C-601/20, of November 22, 2022, access to the Register of Beneficial Owners for the general public...
Its no secret that Buying or Selling a Property can be a life changing financial decision that is worth appointing a specialist lawyer in real estate law to guide you and advise you through out the whole process. The Purchase or Sale of a property in...
Τhe Council of Ministers with its Decision of October 15, 2021, approved the introduction of the Digital Nomad Visa Scheme in Cyprus, with a ceiling of 100 residence permits to be issued. What is the "Digital nomad visa" ? The " Digital Nomad Visa" Scheme allows nationals...
The Ministry of Finance has recently announced a new strategy for attracting foreign investments to expand business activities in Cyprus, through new policies that will come into force by the 1.1.2022. The new very attractive policies that will be implemented are the following: Τhe establishment of...
As according to the publication of the Civil Union Law of 2015 on the 9th of December 2015 , it is now possible for both same-sex and heterosexual couples to enter into a civil partnership. Certainly , the above Law can be considered as an important...
On March 24, 2021 the government of Cyprus has issued new Criteria related to the fast track process of issuing an Immigration Permit to applicants who are third country nationals and invest in the Republic of Cyprus . According to the provisions of Regulation 6(2) of...
Types of Tenancy in Cyprus and Rent Control Law The Rent Control Law goes back to the year of 1974 where after the Turkish illegal invasion in the Republic of Cyprus and the rise of housing problems to thousand refugees, the above law was implemented...
Immovable property permit by non- EU nationals Unlike all Cypriots and EU nationals, non-European nationals face some restrictions in obtaining immovable property in the Republic of Cyprus. Specifically, non-EU nationals must obtain the approval of the Council of Ministers before they can own any type of immovable...
The incorporation of Cypriot companies is becoming more and more popular for investors and businessmen who find Cyprus as their preferable destination for living and operating their businesses. Apart from the numerous advantages anyone can enjoy in incorporating a Cypriot Company, Cyprus is seen as...