News & Publications

Tax Law amendment provides tax incentives for reduced rent

Income Tax Law amendment provides tax incentives for reduced rent

On 2 June 2020, an amending Income Tax Law was published in the Official Gazette with respect to tax relief on rental income. The amendment was voted to support the Cyprus economy following the...
Cyprus Companies Law

Procedure under Cyprus Companies Law, Cap.113, for the Removal of Directors from Office

A common occurrence relating to private limited liability companies in Cyprus and indeed throughout the world, is a disagreement arising between the shareholder(s) of the company and the directors, typically relating to day-to-day...
IP Box Regime Revisited

IP Box Regime Revisited

Cyprus has always been keen to provide a competitive edge for business activities on a global scale and to this effect, Cyprus has ensured that it can provide an attractive regime to benefit...
Zeta Emilianidou

Additional Government Measures in response to the COVID-19 Emergency

Following the issue of Regulations ΚΔΠ 5229-5233 and ΚΔΠ 5239, the Minister of Labour, Welfare and Social Insurance issued on 2nd May 2020 Regulations ΚΔΠ 5257-5261 extending the provision of Special Leave Benefit...
Support Employees for COVID-19 Emergency

Additional Measures to Support Employees for COVID-19 Emergency

Within the framework of the ongoing process of reviewing the measures taken to address the current crisis due to the COVID -19 pandemic and the declared will of the Government and the President...

Clarifications on Fiscal Measures in Response to the COVID-19 Emergency

In response to relevant enquiries and questions raised by the general public as to the practical application of the Fiscal Measures offered bby the Govenrment, further announcements have been made by the Minister...
Cyprus Parliament

Enactment of Laws for Fiscal Measures in Response to the COVID-19 Emergency

We would like to update you that the Cyprus Parliament, in response to the ongoing emergency relating to the COVID-19 Virus, has passed the following laws and/or amendments to existing laws, in an...
Measures to Support the Shipping Industry

Measures to Support the Shipping Industry

The Shipping Deputy Ministry (SDM), in an effort to support shipping companies and owners of Cyprus ships and to enable them to address the difficulties encountered due to the wide spread of the...
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