Action Plan for Companies to Operate & Expand their Activities in Cyprus 2022-24

On 15 October 2021, the Minister of Finance of the Republic of Cyprus, Mr. Konstantinos Petridis, has given a Press Conference which marked the launch of the Action Plan for Attracting Companies to Operate and Expand their Activities in Cyprus.

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The Seychelles amend International Business Companies Law: Key Changes

On 6 August 2021 the Seychelles introduced amendments to the legal framework governing International Business Companies (IBC) with the IBC (Amendment) Act 2021 (Act 32 of 2021).

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DAC6: Cyprus Tax Department revises submission deadline

The Tax Department of the Republic of Cyprus has announced an extension to the imposition of administrative fines for overdue submission of information subject to EU Directive 2018/822 (“known as DAC6”).

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ServPRO Celebrates 10 Years of Growth & Excellence

On 29 September 2021, ServPRO celebrated its 10 Year Anniversary as a one-stop-shop for Professional Services, including accounting & finance, advisory & consulting, audit & assurance, corporate & legal, substance and taxation.

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Celebrating 10 Years of Growth & Excellence!

10 years ago, I embarked on a journey to establish a firm that will operate as a one stop shop for professional services, the quality of which surpasses the boundaries of the local market...

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Establishment of UBO Register for companies in Cyprus

On 16 December 2020 the Council of Ministers has taken the decision (i) to designate the Registrar of Companies and Official Receiver of the Republic of Cyprus as the competent authority for the maintenance...

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Establishment of UBO Register for companies in Cyprus: revised starting date

The starting date for the collection of the relevant information from companies and other legal entities has been revised to start on 22 February 2021. The information collection process will last for a period of 6 months.

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Empowering Businesses: EU IPO offers funding for SME in trademark and design applications

The European Commission and the EU Intellectual Property Office (EU IPO) have recently announced the implementation of the Ideas Powered for Business SME Fund, a €20million grant scheme created to encourage European small and medium sized enterprises (SME) to ...

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Establishment of UBO Register for companies in Cyprus: important update

An amending law intended to harmonise the provisions of the Anti-Money Laundering Directive was voted on 18 Feb 2021, to make the implementation of certain provisions of Regulation concerning the mutual recognition of freezing and confiscation orders more effective

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