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Практичні статті про право Кіпру, податки, імміграцію, нерухомість і бізнес — від Ольги Пападімітрі.
Liquidation of companies in Cyprus and abroad
Olga Papadimitri, a lawyer in Cyprus, has been successfully attested for providing insolvency services for both companies and individuals (insolvency practitioner). She…
Tax residency - shortened term: Clarifications
The Cyprus Tax Department issued a circular (EE 33 dated January 29, 2019) providing guidance on the tax residency provisions for individuals introduced by Law No. 119 (…
REDUCTION OF VAT WHEN BUYING A NEW PROPERTY IN CYPRUS
As of 1 October 2011, a reduced VAT rate of 5% (against the standard 19% VAT rate) can be imposed on purchasing real estate property in Cyprus. This relates only to the…
New rules for permanent residency status, more in the pipeline
As from May 2, 2023, new rules came into effect for any third-country nationals who wish to obtain an expedient permanent residence because of their investments in Cypru…
Amendments to Cyprus Legislation on Housing Loans, Mortgage Security and Foreclosure Procedures
Strengthening Borrower Protection and Introducing New Requirements for the Sale of Mortgaged Property During April and May 2026, the Republic of Cyprus introduced import…
Mandatory Electronic Rent Payments in Cyprus from 1 July 2026: New Tax Compliance Requirements for Landlords and Tenants
New legislative measures introduce greater transparency in the rental market and strengthen mechanisms against undeclared rental income The Republic of Cyprus has introd…
VAT ON PROPERTY LEASING IN CYPRUS
Effective from 1 January 2018 , Circular EE 218 clarifies how VAT is applied to the leasing and renting of immovable property in Cyprus, based on the amendments introduc…
The EU Blue Card in Cyprus: Horizons of Opportunity for Professionals
Cyprus, long standing at the crossroads of civilizations, trade, and aspirations, has now opened its arms to ambitious professionals from around the world. The EU Blue C…
What Expenses Can Be Deducted by a Company in Cyprus
Cyprus is not just an island in the Mediterranean — it is a safe harbor for business, where the tax system is as welcoming as the Cypriot sun. The corporate tax rate her…
New rules for the expedited permanent residence permit in Cyprus
New Rules for the Expedited Permanent Residence Permit in Cyprus (Regulation 6.2) – 2023 Update Cyprus remains an attractive destination for investors and families seeki…
Extension of the Right to Breastfeeding Breaks to 12 Months
According to recently adopted legislation, the right of working mothers to take a break during the workday for breastfeeding or providing additional care for their child…
CYPRUS: TAX PORTAL OPEN FOR 2024 TAX RETURN SUBMISSIONS
As of April 30, 2025, the TaxisNet online portal in Cyprus is open for the submission of personal income tax returns for the 2024 tax year. This was officially announced…