Please follow the link below for all recent developments and bank restrictions http://www.mof.gov.cy/mof/mof.nsf/index_en/index_en?OpenDocument 25 March 2013 Dear Valued Clients, Colleagues & Friends, Further to our previous communication on the Cyprus situation, we wish to inform you of the…
Important Noitice for Annual Government Levy Changes for 2012 and 2013 February 2013 Recent enactment of amendments to the Cyprus Companies Law. The changes introduced are: From 2013 all Cyprus registered companies irrespective of their year of registration are…
A new treaty was signed on 8 November 2012 by representatives between Cyprus and Ukraine which will replace the old treaty with the USSR. The treaty will enter into effect on 1 January folllowing the year in which the parties…
The Ministry of Finance of the Russian Federation has announced the removal of Cyprus from its ”Black List” with effect from 1 January 2013. This will have an IMMEDIATE POSITIVE impact on both inbound investment to Russia from Cyprus and…
On 25 October 2012, the House of Representatives voted an amending proposal to further extend the Law providing for the Special Settlement of Tax Liabilities which covers years up to 2008. The original Law provides for the imposition of a flat penalty of…