Latest Insights

Cyprus: the low-tax business hub of the European Union

With a broad range of double taxation treaties, one of the lowest corporation tax rates in the E.U, a strategic geographic location, and a reliable and stable legal system, Cyprus is increasing becoming an attractive place to live, work and establish or run a business.

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GDPR comes into force

The General Data Protection Regulation (GDPR) came into force and is applicable since 25th May 2018, replacing current E.U data protection framework.

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Cyprus Investment Programme

On the 13th of September 2016 the Council of Ministers of the Republic of Cyprus introduced the new financial criteria for investors and the modified procedure in obtaining citizenship of the Republic of Cyprus. Subsequently, in 2018 the government set in place a more robust due diligence process required to be undertaken by those promoting the programme and the screening and licencing of private corporations so as to ensure that a high standard of ethical and professional behaviour is upheld by those dealing with and handling applications of individuals applying for citizenship of the Republic of Cyprus.

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