.. Loading ..

Tax Alert. Automatic exchange of information on tax rulings of EU Member states.

Oct 9, 2015
The Commission has welcomed a unanimous agreement by Member States on the automatic exchange of information on cross-border tax rulings, just seven months after the presentation of the Commission’s ambitious proposal...

Facebook data and privacy. Important Judgment of the Court of Justice.

Oct 8, 2015
Judgment in Case C-362/14 Maximillian Schrems v Data Protection Commissioner Luxembourg, 6 October 2015 The Court of Justice declares that the Commission’s US Safe Harbour Decision is invalid Whilst the...

New tax changes attract foreign investment. Tax Alert, August 2015

Aug 30, 2015
The House of Representatives voted on the 9th of July 2015 a number of significant tax law bills into laws in an effort to modernize the Cyprus tax system and...

How to perform a civil marriage in Cyprus.

Civil marriages in Cyprus are governed by  the Marriage Law (N. 104(I)/2003).  Civil marriages can take place between Cypriot citizens, Cypriots with foreigners and between foreigners. The civil marriages are...

How to pay the annual government levy to the Registrar of Companies.

Jun 26, 2014
Please be reminded that all Cyprus companies should settle the special annual government levy of 350 euro by the 30th of June 2014. The settlement of the annual duty should ONLY...

Loans in foreign currency and borrower’s rights, Part 2

May 27, 2014
On the 14th of April 2014 I wrote an article about loans in foreign currency and the rights of borrowers. The link to that article is here. The article dealt...

Enforcing EU rights in Cyprus

May 17, 2014
  The question often arises: How can a Cypriot citizen enforce rights stemming from European Union law in Cyprus? There are a number of ways that EU law can be...

The rights of borrowers

May 10, 2014
In an interview to journalist Christodoulos Christodoulou (CYBC 2, Biz-Εμείς, 09/05/2014), Christophoros Christophi explains the rights of consumers that made loans from commercial banks in view of the haircut and...

Void Marriages under Cyprus Law.

A void marriage is one where, although on the face of it, it appears as valid, yet due to a fundamental flaw it is not recognised in the law as...

4 NEW CYPRUS DOUBLE TAXATION TREATIES ENTER INTO FORCE WITH EFFECT FROM 1 JANUARY 2014

Feb 5, 2014
In line with the OECD Model Convention, four new Double Taxation Treaties (DTT) have  come into force with effect from 1st of January 2014, between Cyprus and the following countries: 1. DTT...