News

On the 15th of October 2021, the Council of Ministers approved the “Strategy for Attracting Businesses for activities or/and expansion of activities in Cyprus”. Purpose

Introduction There is no specific and uniform legislation in EU governing the field of gambling services. EU member states are autonomous and free to regulate

From 01 January 2015, Cyprus tax resident companies and permanent establishments of Non-Cyprus tax resident companies that inject new equity for the purpose

Investment based crowdfunding platform providers are regulated in Cyprus by CySEC as well as by the Investment Services & Activities and Regulated Markets Law.

On 15 October 2021, a new action plan was announced by the Ministry of Finance to attract companies to operate and expand their activities in Cyprus. 

Cyprus is one of the most attractive destinations for setting up a company.  It has a favorable tax system, with corporate tax being 12,5%