Cyprus Legal News
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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....
Changes to the Companies Law and the Assessment and Collection of Taxes Law were approved by the Cyprus House of Representatives on June 9, 2022. The purpose of the amendment was to make the auditing procedure for the financial...
The Law established a new type of corporate entity called the Limited Liability Shipping Company (LLSC), which will be established as a limited liability company with the sole purpose of owning and operating Cyprus registered vessels....
The Department of the Registrar of Companies and Intellectual Property announced on the 28/11/2022, that based on the relevant Decision of the Court of Justice of the European Union (CJEU), dated 22/11/2022, in the co-litigation cases C-37/20 and C-601/20, access...
The Registrar of Companies announced that it intends to proceed with the strike off of companies, in accordance with article 327 (2A) (b) of the Companies Law, Chapter 113....