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As part of the government’s strategy for attracting businesses for activities or/and expansion of their activities in Cyprus, on 15 October 2021, the Council of Ministers approved the implementation of a Digital Nomad Scheme in Cyprus for the issuance of 100 temporary residence permits, subsequently increased to 500 in March 2022. The Cyprus digital nomad...
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We are very excited to announce our support for the Cyprus Computer History Museum, located at Kyriacou Matsi 60, 1st Floor, 2409, Engomi, Nicosia. The Museum will open again in May 2022 with special events and pre-scheduled guided tours. With the approval of the Ministry of Education, a specialised Museum Educational program, featuring a 3-hour...
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Our Managing Partner, Nicholas Ktenas, was selected for recognition in the Labour & Employment chapter of the upcoming 2022 edition of Who’s Who Legal: Labour, Employment & Benefits – a guide to the world’s leading labour & employment and pensions & benefits lawyers. This is the 7th consecutive year Nicholas receives this prestigious international recognition...
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On 01 February 2022, the Ministry of Finance issued a Circular (1/2022) in connection with the acquisition of tax residency in Cyprus under the “60 days rule”. The aforesaid Circular replaces all previous Circulars issued on the subject (Circular 8 dd.22/09/2017, and Circular 36 dd.22/02/2019). Resident of the Republic of Cyprus under the 60 days...
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On 18 June 2021, the Council of Ministers exercising its powers under the Assessment and Collection of Taxes Laws of 1978 to (No. 3) of 2021, issued a Decree imposing the obligation to accept payment means by card on certain categories of businesses which carry out economic activities in Cyprus. The main purpose of the...
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