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August 2020
Cyprus Investment Program
On 18th August 2020, the long awaited regulations governing the Cyprus Investment Programme have been published in the official Gazette. Although the main financial qualification criteria remain the same, the following changes have now been implemented: 1)    The minimum contributions to local (pre-determined) charitable organisations and innovation institutions have increased from EUR150.000 to EUR200.000 in...
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Greek Tax Alert
The International Economic Relations Directorate of the Greek Ministry of Finance issued a decision on the 31st March 2016 (and further decisions dated 28th January 2019 and 4th April 2019), clarifying specific provisions of the Double Tax Treaty between Greece and Cyprus with regards to the availability of tax credits for foreign taxes suffered. As...
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Cyprus securities and exchange commission
Cyprus continues to surface as one of the top EU investment fund centers. With the transposition of the Alternative Investment Fund Managers Directive in 2013, the enactment of the Alternative Investment Funds Law in 2014, the transposition of UCITS V in 2016 and the upgrade of the Alternative Investment Funds Law in 2018, the legislative...
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