Archive for Category: Companies & Businesses

Everything you Need to Know About Corporate Taxation in Cyprus

The corporate taxation rate for Cyprus is 12.5%. Certain income types are also subject to a special contribution for defense. If you have recently set up your business entity, you should ensure that to do the following soon after incorporating: Register for company tax. Keep accounting records. Prepare a...

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Buying a Permanent Home in Cyprus for Relocation & Living

Who can buy property in Cyprus? If you are planning to permanently relocate, or use your Cyprus property to live permanently, there are many tax advantages to owning only one property and making yourself a permanent tax resident. EU citizens have the right to live and work anywhere within...

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Strong Growth Prospects for Cyprus: 2017 Economic Update

Cyprus is currently undergoing a broad based recovery, with assurance and stability returning after three years of ruthless reforms and austerity measures to stabilise the financial sector and refine public capital. Economic growth on the island is now driven by stable consumption and a vibrant tourism sector. Let’s look...

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Who are the main runners in the bidding war for the Paphos Marina project?

The Paphos Poseidon consortium whose plans to build a new marina were rejected, have stated they will launch an appeal with the Cyprus Supreme Court, citing unlawful decision making. Poseidon’s bid was recently rejected by the Marine Management Committee after the Chamber of Commerce in Paphos claimed the consortium...

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Issuing Cyprus Residency Permits for Foreign Nationals

We can assist in the application for a Cyprus Residency Permit for Foreign Nationals and looking for work in Cyprus. Our services extend to companies such as setting up a business and employing foreign nationals in Cyprus. The Cyprus Residence Permit is colloquially referred to as the yellow slip,...

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