On 30 November 2022, the Council of Ministers approved the Amendment of the Policy for the Registration of Companies in the Register of Foreign Interest Companies. The decision entered into force on 12 December 2022.
On 1 November 2022 the Cyprus Tax Department issued Tax Circular 10 of 2022, providing clarifications and examples on how the exemptions are applied in practice.
An amending law was published in the Official Gazette of the Republic of Cyprus with respect to the income tax exemptions for employment income, in relation to persons moving to Cyprus for employment.
The Council of Ministers of the Republic of Cyprus recently approved new regulations permitting the issuance of immigration permits for third country nationals in the following cases...
On 3 March 2022 the Council of Ministers of the Republic of Cyprus decided for the number of persons who can obtain a Digital Nomad Visa to be increased from 100, which was set initially, to 500.
The Cyprus Ministry of Labour, Welfare and Social Insurance has recently announced that on 13 September 2021, the Social Insurance...
We will consider whether to form a company in Cyprus or redomicile a foreign company to the country. We will also contemplate alternatives concerning premises, as well as for sourcing and appointing officers for the company.
Following the very beneficial amendments introduced to the Cyprus Permanent Residence Permit Programme, we have updated our publications covering, among others, the said changes.
