The Cyprus Government has introduced the “Cyprus Permanent Residency Scheme” aiming to attract and encourage high net worth individuals who wish to invest in Cyprus,

EMPLOYMENT OF NON-EU NATIONALS IN INTERNATIONAL COMPANIES IN CYPRUS General Policy A Cyprus company that is controlled by Non-EU nationals can apply for Cyprus work

The Republic of Cyprus is implementing the Digital Nomad Visa Scheme followed by the decision of the Council of Ministers on 15 October 2021, offering

A Cyprus company that has been struck off from the registry maintained by the Registrar of Companies for non-compliance with its statutory obligations as provided

The Minister of Finance Mr. Konstantinos Petridis presented on the 15th of October 2021 the Action Strategy for attracting companies to activate or expand their activities

Implementation of the Register of Beneficial Owners As a result of the enactment of the amendment Law 13(I)/2021 which introduces changes to the Prevention and

General Policy A Cyprus company that is controlled by Non-EU nationals can apply for Cyprus work permits for Non-EU Nationals permitting them and their families

A New Frontier for Regulation of Crypto Providers in Cyprus Cyprus has transposed the 5th EU AML Directive into local legislation on the 18th of February 2021.

The increasing burden of identifying and verifying ultimate beneficial owners (UBOs) of legal entities is a challenge faced by all obliged entities, especially for complex