Insights
Insightful Perspectives with Meaningful Impact
Register of corporate beneficial owners and other legal entities in the department of companies and official receiver
Article 30 of the 4th European Directive (EU) 2015/849 on the prevention of the use of the financial system for the purpose of money laundering or terrorist financing requires Member States of the European Union - Read More...
Amendments in the Cyprus Companies Law on various aspects of corporate matters
On 18 December 2018 the Department of the Registrar of Companies and Official Receiver (the Registry) announced the adoption of a number of changes on various aspects of corporate matters regulated by the Cyprus Companies Law (Cap.113). - Read More...
Harris Kyriakides is now certified as a Green Company
Our firm is now officially certified by Green-dot Cyprus as a Green Company through the Green Academy programme. The programme is aiming to provide better information on the recycling and development of environmental culture in Cyprus. We - Read More...
Post GDPR: Cyprus Supreme Court directions on the Online Publication of Court decisions
A. Introduction Right after the new General Data Protection Regulation (“GDPR”) came into force, many debates were initiated regarding its limits and the proper way of its implementation. The GDPR provides a new set of - Read More...
Harris Kyriakides enlisted in the Registry of the Republic of Cyprus as an official Service Provider
The existing Cyprus Citizenship Program, updated in September 2016, enables non-Cypriot citizens, entrepreneurs, investors and their immediate families, to obtain Cypriot Citizenship provided that they meet criteria set out by the Council of Ministers. - Read More...
Bill on the Commercial Court Law of 2018
It is well known that there has been a longstanding problem with delays in litigation procedures before the Courts with regards to civil and commercial matters. The Ministry of Justice and Public Order is promoting - Read More...
Cross-Border Merger
The Cross-Border Merger Directive (Directive 2005/56, 10th Company Law Directive on Cross-Border Merger, herein “CBMD”), facilitates the cross-border mergers of limited-liability companies by harmonising rules and providing for the procedure to be followed. A merger - Read More...
Re-Domiciliation of Companies to Cyprus
The re-domiciliation of companies (also known as a “transfer of seat”), refers to the procedure of a company transferring its seat of incorporation, to and from a jurisdiction. Therefore, the company continues to exist under - Read More...
Cyprus and United Kingdom signed a Tax Treaty on 22nd March 2018
Introduction On the 22nd of March 2018, Cyprus and United Kingdom entered into a Double Tax Treaty (‘DTT’) that enables both countries to expand their DTT network and strengthen their mutual economic and commercial relations. - Read More...
Cyprus firms up discussions with India on new Double Tax Treaty
On 29 June 2016, Cyprus successfully completed the negotiation on the Double Taxation Agreement for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income with India. - Read More...
Guidance on Stamp Duty applicable on Shipping Mortgages under Cyprus law
The Cyprus taxation authorities have come forward with important clarifications in relation to the interpretation of exemptions from stamp duty in relation to mortgage documentation applicable to Cyprus vessels. The relevant clause 4.3(e), which - Read More...
Cyprus and Luxembourg sign first time double tax treaty
Introduction On the 8th of May 2017, Cyprus and Luxembourg entered into a Double Tax Treaty (DTT) that enables both countries to expand their DTT network and strengthen their mutual economic and commercial relations. - Read More...