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ANNUAL LEVY FOR 2012

Jun 6, 2012
The annual levy of the Cyprus registered entities for the year 2012 is payable by 30 June 2012. All active companies must pay the fee by that date in order...

YOUR CYPRUS COMPANY TAX QUESTIONS ANSWERED

May 30, 2012
If you’re considering registering a Cyprus company, you probably have questions about tax laws. You might wonder if your Cypriot company has to pay tax, and if you’ll be able to benefit...

SEYCHELLES COMPANIES — UPDATE

Apr 11, 2012
In relation to the changes in the Seychelles IBC Act the following changes should be noted. AMENDED IBC ACT The Seychelles IBC ACT has been amended late December 2011 and...

70 COMPANIES TO BID FOR CYPRUS OFFSHORE GAS FIELDS

Apr 2, 2012
On Dec. 28, Texan company Noble Energy, Inc. announced the discovery of 3 trillion to 8 trillion cubic feet of natural gas in Block 12 of the Exclusive Economic Zone (EEZ)...

THE NEW INTERNATIONAL TRUST LAW – NEW SOLID INVESTMENT OPPORTUNITIES IN CYPRUS

Mar 28, 2012
After much debate the House of Representatives finally voted into law the new Cyprus International Trust Law. The bill  that was enacted on the 9th of March 2012 aims to...

RUSSIAN INVESTORS EXPECTED TO FLOCK TO CYPRUS INVESTMENTS

Feb 29, 2012
On February 15, 2012, Cyprus and Russia further strengthened their longstanding economic cooperation when Russia’s State Duma Sergey Naryshkin ratified the amending Protocol to the Cyprus-Russia Double Tax Treaty of...

NEW CYPRUS DRILLING ROUND FOR OIL AND GAS LICENSING

Feb 16, 2012
A new oil and gas licencing round organised by the Republic of Cyprus. Further drilling blogs in the eastern Mediterranean will contribute to energy security in southern Europe. The new...

NOBLE ENERGY ANNOUNCES SIGNIFICANT NATURAL GAS RESERVES OFFSHORE CYPRUS

Jan 4, 2012
On December 28th Noble Energy, Inc. made an official announcement of a natural gas discovery at the Cyprus Block 12 of the Aphrodite Gas Field, offshore Cyprus. Results from the...

CYPRUS TO BECOME THE RICHEST COUNTRY IN EUROPE

Nov 10, 2011
Ten years ago when I was applying to grad schools with my Cyprus diploma, there were couple of occasions when, to my shock, I was asked where Cyprus was. Since...