Refine your search

Content type
Tags
Language

543 results found

Commentary
Ask Lexy

Elias Neocleous & Co LLC | Cyprus | 8 Apr 2022

Cyprus Tax Department publishes a new FAQs section on transfer pricing

The Tax Department recently published a new frequently asked questions (FAQs) section on its website on transfer pricing (TP). The FAQs relate to Interpretative Circular 3, which applies to Cyprus tax-resident companies and permanent establishments of foreign companies conducting intra-group back-to-back financing transactions. It also sets out requirements for the TP analysis of such......
Commentary
Ask Lexy

Elias Neocleous & Co LLC | Cyprus, Greece | 26 Jan 2022

Shipping Deputy Ministry launches tender process for establishment of passenger maritime link between Cyprus and Greece

The Shipping Deputy Ministry of Cyprus has launched a tender process for the establishment of a passenger maritime link between Cyprus and Greece (a service of general economic interest). It is intended that the service will be performed by a RoPax vessel (a ferry), flying an EU or European Economic Area flag and complying with all international, community and national rules in respect of......
Commentary
Ask Lexy

Elias Neocleous & Co LLC | Cyprus | 21 Jan 2022

New Year's Eve heralds implementation of amendments to Income Tax Law and Special Contribution for Defence Law

Recently, new provisions that amended both the Income Tax Law and the Special Contribution for the Defence of the Republic Law were published in the Official Gazette of the Republic. The amendments had previously been approved by the House of Representatives and were designed to bolster anti-tax avoidance measures. The principal changes that have been introduced relate to the definition of......
Commentary
Ask Lexy

Elias Neocleous & Co LLC | Cyprus | 10 Dec 2021

Expansion incentives for foreign companies in or thinking of moving to Cyprus

Cyprus is aiming to expand its tech space and become the "tech island" of the Mediterranean. For this reason, and in order to attract foreign investment, the country will be offering a range of incentives to attract companies and persuade those based on the island to expand their activities, as it seeks to cater to the requirements of a technologically driven post-covid-19 world.
In-depth PRO
Ask Lexy

Elias Neocleous & Co LLC | Cyprus | 17 Oct 2021

The Private Wealth & Private Client Review: Cyprus

Commentary
Ask Lexy

Elias Neocleous & Co LLC | Cyprus | 24 Aug 2021

Human rights versus public health: preliminary assessment by Cypriot court

A first-instance court recently ruled on whether the obligation for Cypriot citizens to show a "safe pass" before entering specific premises was a breach of their core constitutional rights. This is the first time since the start of the covid-19 pandemic that a Cypriot court has been called on to balance the constitutional validity of restrictive measures, brought in to prevent the spread of......
Commentary
Ask Lexy

Elias Neocleous & Co LLC | Cyprus | 21 Jul 2021

Cyprus – leading the way to top quality standards for seafarers

Seafarers have played a vital role in keeping supplies flowing throughout the past 18 months, yet many states still fail to recognise them as "key workers". In February 2021 the Cyprus Shipping Chamber, along with many international stakeholders, became a signatory to the 2021 Neptune Declaration, which principally called on all governments to echo the actions of the Cyprus government that......
Commentary
Ask Lexy

Elias Neocleous & Co LLC | Cyprus | 20 Apr 2021

Annulment of Ministry of Transport decision on concession contract provides clarity to tender parties

The Administrative Court recently annulled a Ministry of Transport decision which had awarded a concession contract to Intercity Buses. This comes after another court annulled the ministry's decision to award another concession contract to a consortium. The Ministry of Transport's pending appeal against the earlier court decision had a catalytic effect on the judgment of the Administrative Court.
Commentary
Ask Lexy

Elias Neocleous & Co LLC | Cyprus | 16 Feb 2021

Widow's pension: unequal treatment and discrimination on grounds of gender

The Administrative Court recently ruled in a case concerning the differentiation in treatment, by law, between women and men of deceased spouses. The court held that the rejection of a man's application for a widower's pension was based on a legislative provision which was directly discriminatory against men, in that it treated men substantially differently to women by making the granting of......
Commentary
Ask Lexy

Elias Neocleous & Co LLC | Cyprus | 1 Feb 2021

Cyprus launches UBO register

Cyprus has elevated its ultimate beneficial owner (UBO) reporting status by implementing all of the mechanisms for the creation, operation and maintenance of a UBO register. The UBO register is a requirement emanating from the amended Fourth EU Anti-money Laundering Directive, which was transposed into national legislation in 2018. According to a recent announcement by the Companies Registrar......
Previous page 1 2 3 ...