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Cyprus Legal and Finance Blog

Cyprus Legal and Finance Blog

Wills in Cyprus

March 24, 2017 by Cyprus Lawyer

According to Cypriot law any adult person with a sound mind is capable of making a Will. For a Will to be legitimate certain formalities must be kept: 1. The… Read more…

Categories: Cyprus Law Articles

Bank of Cyprus repays ELA

January 12, 2017 by Cyprus Lawyer

The Bank of Cyprus announced on the 5th of January 2017 that it has fully repaid the emergency liquidity assistance (ELA). A total of €11.4 billion has been repaid since… Read more…

Categories: Cyprus Financial News

Introduction to Cyprus International Trusts

December 19, 2016 by Cyprus Lawyer

Introduction Cyprus International Trusts are governed by Trustees Law, Cap.193 and the International Trusts Law No. 69 (I) 92.  When a trust is established, a property is held by one… Read more…

Categories: Cyprus Law Articles

New Conditions for Citizenship by Investment in Cyprus

September 23, 2016 by Cyprus Lawyer

The citizenship by investment program has been revised on the 13th of September by the Council of Ministers and is now even more attractive than before. A key change to… Read more…

Categories: Cyprus Financial News

Setting up a branch in Cyprus

September 20, 2016 by Cyprus Lawyer

Cyprus is a reputable and well established financial centre and many foreign companies choose to do business in Cyprus and register companies here. Although most investors tend to register new… Read more…

Categories: Cyprus Law Articles

Permanent Reduction of Property Transfer Fees

August 24, 2016 by Cyprus Lawyer

The Finance Ministry announced on the 29th of July 2016 the permanent reduction of property transfer fees. Previously, property transfer fees were temporarily reduced by 50% only until the end… Read more…

Categories: Cyprus Financial News

Brexit and its consequences for British expats living in Cyprus

June 27, 2016 by Cyprus Lawyer

On the 23rd of June 2016, a historical day for the UK and Europe, a referendum held in regards to the continued membership of the UK in the EU resulted… Read more…

Categories: Cyprus Financial News

Cyprus and India sign a Memorandum of Cooperation

June 15, 2016 by Cyprus Lawyer

Cyprus and India signed a Memorandum of Cooperation on the 10th of June 2016. The Memorandum of Cooperation relates to the fields of economy, industry, science, and technical affairs. The… Read more…

Categories: Cyprus Financial News

EU Commission’s Spring Forecast for Cyprus

May 23, 2016 by Cyprus Lawyer

The European Commission, according to its spring economic forecast, expects growth in Cyprus to keep progressing through the years 2016 (1.6%) and 2017 (2%). Moreover, the debt to gross domestic… Read more…

Categories: Cyprus Financial News

Company registrations increase in March 2016

April 13, 2016 by Cyprus Lawyer

The Department of the Registrar of Companies and Official Receiver announced that there was a significant increase in the number of applications for the registration of new companies within March…. Read more…

Categories: Cyprus Financial News