Insights
Insightful Perspectives with Meaningful Impact
EU proposal for a European Bank Account Preservation Order
The European Commission has recently proposed to introduce an EU-wide freezing order known as a European Account Preservation Order (EAPO) to ease the recovery of cross-border debts for both citizens and businesses. The Regulation would - Read More...
Cyprus’s Parliament passed a bank tax
Cyprus’s parliament on Thursday passed legislation imposing a 0.095 percent tax on deposits of banking institutions, saying part of it would help create a financial stability fund. Lawmakers passed the government bill unanimously. The measure - Read More...
Foreign Investment in Larnaca Free Zone
In an effort to encourage external trade and international commerce through the provision of various incentives such as the abolishment of custom duties and taxes in respect of goods imported into the zones, the Cyprus - Read More...