The end of anonymity. Cyprus transposes into Law the Fifth Anti-money laundering Directive. (Directive 2018/843)
Introduction The Fifth Anti-Money Laundering Directive (5AMLD) came into effect on the 10th January 2020 and serves to address new issues that have been exposed since the Fourth Anti-Money Laundering...
UK nationals living in Cyprus. Residence rights after Brexit
The Withdrawal Agreement The EU has reached an agreement with the UK on citizens’ rights, ahead of the UK leaving on the 29/03/2019. The implementation of the Withdrawal Agreement, which...
Reminder about obligation to pay annual government levy for 2020.
This is a reminder to our clients that they need to pay the annual levy 2020 for their company up to 31 December 2020. Normally the annual levy is payable...
Sir Geoffrey Vos on Technology and the Law.
Does it make a difference to a judge when listening to oral argument live vis-à-vis via Zoom? Is the live legal submission by a lawyer more convincing to a judge?...
UK nationals living in Cyprus. What happens to your residence rights after Brexit?
This article is one of a number of articles we published on Brexit. For more on the matter click here. The Withdrawal Agreement The EU has reached an agreement...
Registration of Yachts and other pleasure vessels in Cyprus.
Introduction. 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....
Opening a travel agency in Cyprus.
Cyprus is an ideal destination for EU citizens to open a licensed travel agency due to the favourable conditions, low license fee and low cost of living in general. The...
Cyprus citizenship by marriage.
Conditions that must be met in order to file an application for acquiring Cypriot citizenship based on marriage with a Cypriot. An application can be submitted by foreign spouses of...
Extension of the deadline of the special government levy of companies until 31/12/2020.
The obligation to pay the company’s special government levy payable every June is suspended and is transferred on the 31th of December 2020. The Companies Law (Amendment) (No. 2) Law...
COVID-19: Relief measures as regards companies deciced by the Registrar of Companies – 23/03/2020
In the context of the measures taken by the Cyprus government to support the companies/businesses that have been negatively affected by the outbreak of COVID-19, the Registrar of Companies and...
