Latest News & Insights

📢 Extension of Income Tax Returns (TD4) & Summary Information Table (SIT) Deadlines for 2023–2024

The Council of Ministers has announced new submission deadlines for the Income Tax Return (TD4) and Summary Information Table (SIT): 🔹 2023 Tax Year: Deadline extended to 31 March 2026 🔹 2024 Tax Year: Deadline...
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Cyprus Introduces Its First Foreign Investment Screening Framework: What This Means for International Investors

Cyprus has entered a new era of investment governance with the adoption of its first national framework for screening foreign direct investments (FDI). Approved by the House of Representatives on 30 October 2025, the Law...
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Top 5 Ways High-Net-Worth Families Benefit from Cyprus International Trusts in 2025

Cyprus International Trusts (CITs) continue to be a cornerstone for high-net-worth families seeking sophisticated solutions for international wealth management in 2025. With their robust legal framework, genuine tax neutrality, and commitment to confidentiality, CITs offer...
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🌍 Why the Cyprus International Trust Remains a Leading Choice in 2025 🇨🇾 🇪🇺

For UK entrepreneurs, investors, and high-net-worth families, Cyprus continues to stand out as one of the most robust and forward-thinking jurisdictions for international wealth structuring. The Cyprus International Trust (CIT) regime offers a combination of...
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Updated Stamp Duty Calculator Now Available

On the 30th of June 2025, the Tax Department has released a new version of the Stamp Duty Calculator Tool as part of its ongoing digital transformation efforts to better serve the public. The new...
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Cyprus launches EU BLUE card for highly skilled workers

On the 4th of July 2025, the Migration Department of the Deputy Ministry of Migration and International Protection of the Republic of Cyprus announced that as of Monday, 07 July 2025, it will be accepting...
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CySEC suspends new CASPs applications in view of Regulation (EU) 2023/1114 on Markets in Crypto-Assets (“MiCAR”)

On 17th October 2024, the Cyprus Securities and Exchange Commission (CySEC) announced that as of that date, it would no longer accept new applications for the registration of Crypto-Asset Service Providers (CASPs) in view of...
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UK Autumn Budget 2024 Summary and Analysis for Tax and Financial Advisory

Chancellor Rachel Reeves presented the Autumn Budget 2024, marking a pivotal step for the UK’s economic policy under Labour’s leadership. The budget places a strong emphasis on fiscal responsibility, social investment, housing support, and tax...
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Corporate Sustainability Due Diligence Directive: the new anthropocene Directive

Corporate Sustainability Due Diligence Directive On 24 May 2024, the European Council formally adopted the Corporate Sustainability Due Diligence Directive (the “CSDDD”). The CSDDD must be transposed by Member States into national law by 26...
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Set up an Electronic Money Institution (“EMI”) in Cyprus and its advantages

Electronic Money Institutions enable the issuance of electronic money and offering innovative payment solutions. In Cyprus, EMIs are regulated entities that provide services such as issuing funds, payment transactions, online wallet management and electronic bank...
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Understanding Trademark Registration: National, European, and International

Trademark registration is vital for businesses to protect their brand identity and prevent unauthorized use of their logos, names, and slogans. However, the process and scope of protection can vary depending on the type of...
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Variation of the penalties for the submission of the Annual Reports at the Registrar of Cyprus Companies

The Department of the Registrar of Companies and Intellectual Property has issued an announcement regarding the Companies (Amendment) Law 2024, L.18(I)/2024, published in the Official Gazette of the Republic on March 5, 2024 (the “Law”)....
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