Knowledge base

Working in Cyprus: EU & third country nationals

Immigrants wishing to live work or study in Cyprus are required to have either a valid work or residence permit. Fines may be imposed on anyone found to be employed in the country without valid and up to date paperwork.


Obtaining a Cyprus passport by investment or naturalisation

There are a number of methods of obtaining a Cyprus Passport, giving freedom of movement to the rest of Europe, as per the Schengen Agreement.


Re-domiciliation of foreign companies in Cyprus

As a result of the 2006 amendment to the Companies’ Law Cap.113, foreign companies can be re-domiciled in Cyprus and companies registered in Cyprus can be re-domiciled abroad.


Cyprus in early adopter group to implement the Common Reporting Standard

In an effort to improve the global reporting standard of local tax systems and combat tax avoidance, governments from various jurisdictions will bring the automatic exchange of information in tax matters for all countries up to the same standard. This is referred to as the Common Reporting Standard (CRS).


Cyprus tax department introduces application for the issuance of tax residency certificates

A Circular has been released by the Cyprus Taxation Department, introducing an application form for the issuance of tax residency certificates for companies. The application form is a questionnaire and includes all information required by the tax authorities in Cyprus for the issuance of a tax residency certificate.


An overview of Corporate Governance in Cyprus

The aim of Corporate Governance is to facilitate efficient, entrepreneurial and practical management that can deliver the long-term success of the Company. Corporate governance is about what the Board of Directors of a Company does and how it sets the values of the Company.


Setting up a Client’s Economic Profile

The key for a successful Financial Organisation and/or Administrative Service Provider is to have a completed and accurate profile for each new and existing client they have a business relationship with.


How the Cyprus IP regime can help you achieve effective tax planning

Intellectual Property (IP) is one of the most valuable assets of an organisation. Choosing the right location for the management of Intellectual Property is an imperative strategic business decision.


Cyprus-Iran Double Taxation Treaty

On the 4th of August, 2015 Cyprus and Iran signed a Double Tax Treaty agreement during an official visit of the Iranian Finance Minister in Cyprus is hoped to strengthen and develop the economic relations and allow for the expansion of investment and business opportunities between Iran and Cyprus.