As part of a major overhaul of its tax system, Cyprus abolished stamp duty with effect from 1 January 2026. This reform was introduced through legislation approved by the House of Representatives in December 2025 and represents one of the most significant changes to Cyprus tax law in more than twenty years. The abolition of […]
Cyprus Abolishes Stamp Duty: A Landmark Move in Tax Reform (2026) Read More »
The Cyprus Startup Visa scheme is an innovative program designed to attract non-EU entrepreneurs and talented startups to establish and grow their businesses in Cyprus. Launched as part of the government’s strategy to foster innovation and economic diversification, this visa offers a streamlined pathway for tech-savvy entrepreneurs to relocate to Cyprus, benefit from a favorable business environment,
Cyprus Startup Visa Scheme Until December 2026: A Gateway for Innovative Entrepreneurs Read More »
The Migration Department of the Deputy Ministry of Migration and International Protection of the Republic of Cyprus proudly announces that, as of Monday, July 7, 2025, it will officially begin accepting applications for the European Union (EU) Blue Card. The EU Blue Card is a residence and work permit designed for highly qualified workers from
New Opportunity: EU Blue Card in Cyprus Read More »
Cyprus continues to solidify its position as a premier destination for international professionals by offering substantial tax incentives to individuals embarking on their first employment on the island.Recent legislative amendments and clarifications have enhanced the appeal of these incentives, making Cyprus first employment tax exemption a highly attractive benefit for global talent. A. Understanding the
Cyprus First Employment Tax Exemption 2025: 50% Income Tax Relief Guide Read More »
Introduction Establishing a Forex or CFD trading company in Cyprus offers a strategic gateway into the European and global financial markets. Cyprus is a well-established jurisdiction for Forex brokers, combining strong regulation with tax efficiency. This makes it a top choice for entrepreneurs and investment firms looking to obtain a Cyprus Forex License. This guide
Cyprus has been an EU member since 2004 but has not yet joined the Schengen Area. January 2025, the President of the Republic of Cyprus, Mr. Nikos Christodoulides, has announced plans to complete all technical requirements for Schengen membership by the end of 2025. As Cyprus joins Schengen, this historic step is set to transform
Cyprus Joins Schengen: A New Era for Business, Investment & Mobility Read More »
The UK Budget for 2025, announced in late October 2024, has introduced a series of tax changes impacting individuals and businesses, creating a mixed outlook for many taxpayers. With the Labour government’s goal of raising an estimated £40 billion to fund critical areas like the NHS and public services, a broad array of tax policies
UK Budget 2025: Tax Changes and the Advantages of Cyprus Tax Policies Read More »
With 360 days of sunshine and a unique blend of landscapes, Cyprus stands out as a prime filming location in the Eastern Mediterranean. Strategically located at the crossroads of three continents, the island offers a natural studio for filmmakers. The Cyprus Film Scheme, established under EU Regulation 651/2014, promotes the local film industry through financial
Cyprus Film Scheme: A Gateway to European Film Production and Investment Read More »
Why Redomicile? Redomiciling, or transferring a company’s registration to another jurisdiction, is a strategic decision that offers numerous benefits for businesses looking to optimize operations and seize new opportunities. Here are some compelling reasons why companies consider redomiciling: Why Choose Cyprus? Cyprus is a well-established international business hub that offers a competitive and attractive tax
Redomicile BVI Company to Cyprus: Unlock Tax Benefits and Market Opportunities Read More »
In recent years, Cyprus has demonstrated remarkable resilience, experiencing growth and expansion across various sectors such as tourism, financial services, and energy. The momentum is expected to persist, as several sectors are anticipated to remain significant global contributors in 2024. This presents numerous advantages for business owners, foreign investors, and entrepreneurs exploring opportunities in Cyprus.
Cyprus Economic Development 2023 and Outlook 2024 Read More »
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