This publication1 refers to the new Regime which is applicable for Qualifying IP, developed or acquired after the 01/07/2016. Effectively the new Regime provides a tax exemption of 80% on profits...
The private aircraft leasing scheme aims in offering tax incentives as well as VAT savings to proposed investors (the “Scheme”). The Scheme is introduced by the Cyprus Tax Authorities as an attempt to view Cyprus...
The digital industry is a lucrative one with ongoing and evolving demands as it combines multiple areas of law such as artificial intelligence, electronic money services, privacy law and GDPR, corporate and commercial...
Our legal team of high experienced specialists, provides highly sought after public procurement support services for relevant applicants in public procurement projects ...
Companies of foreign interest, including former offshore companies and Cyprus shipping companies are entitled to employ third party nationals under specific circumstances. Such foreign nationals are also allowed family reunification ...
Cyprus is an attractive jurisdiction for the provision of investment and ancillary services across the European Union. Therefore, the investors and businessmen may establish an Cyprus Investment Firm (the “CIF”) governed by the Law 144 ...
In an effort to encourage high net worth individuals to apply for Cyprus tax residency the government simplified the Cyprus Tax System by eliminating taxation on passive income and by applying a deducting 50% on the Income Tax for ...
A new amendment to the current Income Tax Law of the Republic of Cyprus has been voted by the Parliament on 21st July 2017. The amendment relates in determining Cyprus tax residency for individuals by adding a second test to ...
As from February 2017 Cyprus adopted the Startup Visa Scheme for third Country Nationals. The scheme forms part of the Policy Statement on Strengthening the Entrepreneurial Ecosystem. It enables skilful entrepreneurs who are not EU ...
