Notification of Dissolution of Religious Marriages

Amendment on legislation for Notification of Dissolution of Religious Marriages As a result of modernisation, the Cyprus family law has recently been amended. The previous legislation stated that in order to proceed with divorce proceedings of a religious marriage the potential applicant of divorce must first send a letter to the competent bishop stating his/her […]

Reduced VAT of 5% on first homes

Reduced VAT of 5% on the purchase of first homes On the 8th of June 2023, the Parliament approved a legislation allowing the imposition of a reduced VAT rate of 5% for the first purchase of a home residence, which is applicable to detached houses and apartments. The basic legislation is amended so that the […]

Road traffic accident or workplace accident? – insurance lawyers – claim your compensation

If you have been involved in a road traffic accident or workplace accident that was not your fault, you are entitled to compensation for the damages that you have sustained because of that accident. Type of Damages The damages that the injured person can claim are Special Damages and General Damages. What are the Special […]

New criteria for immigration permit for investors

The Cyprus Government has implemented from May 2nd the revised criteria for immigration permit for foreign investors. The revised criteria have been approved with the aim to institutionalize a control mechanism to efficiently monitor the investor in covering the criteria and maintaining the investment in Cyprus. Two European countries, Portugal and Ireland, ended similar programs […]

Limited Liability Shipping Company (LLSC) – Cyprus’ ‘’one – stop – shop’’ framework in shipping sector

In October 2022 a new legislation was adopted by the Parliament of Cyprus, the Law on the Shipping Limited Liability Company” of 2022 (the “SLLC Law”) which provides a new form of limited liability company the Limited Liability Shipping Company (LLSC) with the sole purpose of owning and operating ships/vessels under the Cyprus flag. The […]


Forex Complaints – Money Recovery The foreign exchange market (also known as forex or FX) is a global marketplace for exchanging national currencies. In terms of trading volume, it is considered the largest financial market in the world.To start trading in the Forex Market a potential trader must open a trading account with a regulated […]


Cyprus is considered an attractive destination to register a company due to the various benefits the island’s company and tax systems offer. CORPORATE TAX...

Cyprus Investment Firms (CIF)

Cyprus Investment Firms (CIF) If you are looking to establish a firm and provide investment services in Cyprus or the nearby regions, you need to set up a Cyprus Investment Firm (CIF). In order to provide services such as handling orders on behalf of your clients, managing clients’ portfolios, or providing investment advice, you need […]
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