After two years of negotiations, the Republic of Cyprus and the European Commission have agreed to amend the VAT law to reduce the rate for the acquisition or construction of primary and permanent residences....

This directive enforces the principle of equal pay for equal work between genders, which is a fundamental right under article 157 of the Treaty on the Functioning of the EU....

Cyprus recently enacted an amendment to its labour laws pertaining to paid leave. Understand its implications for employees and employers....

Cyprus is set to join the Schengen Information System on 25 July 2023, which is a significant development for the country. This means that Cyprus will be able to exchange information with other member states, enhancing its ability to prevent...

Starting from May 1st, 2023, the mandatory conciliation attempt, will be carried out exclusively through an electronic platform, as a prerequisite for initiating divorce proceedings in the Family Court. ...

The Council of Ministers of Cyprus has revised the criteria for granting Residence Permits to third-country nationals investing in Cyprus. The new criteria are more stringent and aim to ensure a more secure and transparent process....

Russian citizens who do not permanently reside in Cyprus and do not hold a European passport are to be requested to withdraw their deposits and close their accounts within the next two months at Cypriot banks....

The EU Council has decided, on 14 February 2023, to include British Virgin Islands, Costa Rica, Marshall Islands, and Russia in the EU List of non-cooperative jurisdictions for tax purposes....

The European Union (EU) approved its tenth package of sanctions against Russia on February 24, 2023. This package includes tighter export restrictions on dual-use goods and measures against entities supporting the war, spreading propaganda, or delivering drones used by Russia....

The Laws amending the Marriage Law (104/03), the Family Courts Law (23/90) and the Attempted Conciliation and Spiritual Dissolution of Marriage Law (22/90) have now been published in the Official Gazette of the Republic of Cyprus....