Companies that own or trade in shares need to get an LEI code as of the 3rd of January 2018.
According to EU Regulation no. 600/2014, banking and financial institutions must present to their supervising authorities reports containing complete and accurate details of executed transactions. This starts from the 3rd of January 2018....
VAT introduced on the supply of building land and business.
VAT introduced on the supply of building land and business. On 3 November 2017, the Cyprus Parliament voted the amendments in the Cyprus VAT legislation fulfilling its obligation to the...
Notice to all companies to settle annual levy for past years.
The Registrar of Companies has resently sent out notices to all private companies that have not paid the annual levy in any year starting from 2012, 2013, 2014 or 2015, to...
Transparency changes in Belize company law.
Belize has recently introduced changes in its company law (the Belize IBC Amendment Act (2017) , to address certain OECD requirements while at the same time minimizing their impact on...
Can an employer monitor employee communications?
The employer may monitor the employee’s communications at the workplace under certain conditions. This was decided by the Grand Chamber of the European Court of Human Rights in case of BĂRBULESCU v....
Registration of Yachts and other pleasure vessels in Cyprus.
Cyprus’ geographic location is possibly one of the most strategically important locations in the world, as it lies at the gateway of Europe, Africa, Asia and the Middle East. Therefore,...
Get Cyprus tax residency by staying 60 days in Cyprus.
A new bill was voted into Law last Friday 14th of July 2017 amending the Income Tax Law allowing an individual to acquire Cyprus tax residency by staying only 60...
Permanent residency in Cyprus. Q&A Guide.
We have compiled this Q&A Guide about permanent residency applications to address questions usually raised by clients. Updated 04/07/2017 1. Main differences between going through the Fast Track and...
Changes in the anonymity status of BVI companies. The “BOSSs Act”
On June 12th, 2017 the BVI Government enacted the Beneficial Ownership Secure Search system Act, 2017 (“BOSSs Act”) and it shall come into force on June 30th, 2017. The BOSSs...
New Unique Project launches today. “Silk by Sophie Mohr” from Santorini, Greece!
Great to watch our clients start new unique ventures that are sure to succeed, ,and proud that we have contributed, a bit , ourselves to the setting up and...
