A Cyprus International Trust is one of the most attractive vehicles for asset and wealth protection. This vehicle is based on the well-established English principles of equity and trusts and
Our team of qualified Solicitors of England & Wales at VASSILIADES & CO. (UK) LIMITED have considerable experience in representing clients in all types of corporate and commercial transactions, including
Cyprus is mostly famous for its geographic location, the sun, and, of course, the sea. The people of Cyprus, born and raised on an island, grew up with the sound
INTRODUCTION On 18.02.2021 the law amending the Prevention and Suppression of Money laundering and Terrorist Financing Law 188 (2007 (the “AML Law”) fully implementing the EU Directive 2018 843 of
On 2nd April 2021, the House of Representatives of the Republic of Cyprus voted in favour of the Bill for the amendment of the Cyprus Advocates Law, Cap 2. The
Latest EU – BREXIT VAT News You could find summarized developments in the EU VAT landscape by email and on our website. Ratification Extension Confirmation On 24 December 2020, an
On 24th March 2021, the Cyprus Permanent Residence Scheme according to Regulation 6(2) of the Aliens and Immigration Regulations (the “Regulations”), as amended. The residence permit granted according to Regulation
CGV – DTT Kazakhstan CYPRUS SIGNS A NEW TAX TREATY WITH KAZAKHSTAN FOR THE AVOIDANCE OF DOUBLE TAXATION The Republic of Cyprus has concluded a new Double Tax Treaty with
The Law aimed to modernise the legal framework regarding trademarks to accommodate current commercial needs and practices and align national legislation with EU Directive 2015/2436. Notably, the basic law dates
DAC7 will enforce annual reporting obligations for digital online platforms, crypto-assets and e-money also to be brought into scope Covid-19 continues to cause disturbance to economies around the globe and
Covid-19 VAT Measures – 3 instalments for VAT payments postponed until June 2021 Under the measures to curtail the financial impact of the second Covid-19 lockdown pandemic on the local
On 10 August 2020 Cyprus and Russia agreed to amend their Double Tax Treaty (DTT) after extensive negotiations between the competent authorities of the two States and a revised protocol
The amending protocol was singed on 20/7/2020 and published in the Official Gazette of the Republic on 24/7/2020. Under article 7 – Business profits – of the treaty, a time
The launching of the tax portal, which was announced by the Tax Department, is now fully functional. As per the Tax Department’s announcement, the Portal will be the new digital
