Tag Archives: cyprus

The amount of companies registered in Cyprus is increasing - OLIESERVE

The amount of companies registered in Cyprus is increasing

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According to the statistics of the Department of Company Registrar and Official Receiver, the amount of companies in Cyprus registered in June 2016 increased 11% (up to 1016 companies) in comparison to June 2015 after 24% rise in May. In total, overall number of registered companies rose 22% up to 6366 companies. Also the Department […]

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Tax Adjustment in Cyprus

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  New amendments to tax legislation The end of the year 2015 was marked for the Republic of Cyprus by approval of the regular amendments to tax legislation that have been targeted at promotion of the country in terms of tax environment. Thus, in December, 2015 the Ministry of Finance of Cyprus announced the press […]

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Presentation of new project – Ivy Residences

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OLIESERVE team attended launch of the new IMPERIO development IVY RESIDENCES. The event took place in Limassol on the 9th of February. Ivy Residences sets the standard for Limassol luxury apartments. Open floor plans, and floor-to-ceiling windows create an ambiance of sophistication and infinite possibilities. The project is going to be delivered by October 2017. […]

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Cyprus

New tax amendments in Cyprus! What changes are expected to come?

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In 2015 the local Government submitted several draft laws to Parliament which are targeted at economic activity and attraction of direct investments in Cyprus. The project is implemented on the basis of the EU Parent-Subsidiary Directive, as a result, tax regime is being simplified and made more attractive and efficient. It should be noticed that […]

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Cyprus UAE

Benefits of the Cyprus and UAE Tax Treaty

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The UAE and Cyprus made the double tax treaty in February 2010 which came into operation in 2012. The accord is based on the convention rules for this type of agreements regulated by the Organization for Economic Cooperation and Development. European countries benefit from the double tax treaty signed by the UAE and Cyprus as […]

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Changes in CRMD of Cyprus

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On September 29th, Civil registry and migration department of Cyprus (CRMD) entered into force new changes in submitting applications for third country nationals. The Department said that now these procedures are made for submitting applications for third country nationals who reside in or/are planning to find a job in Cyprus. In accordance with Art. 18 […]

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How does Cyprus fair?

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What type of jurisdiction is Cyprus? Before we can start to compare Cyprus to other jurisdictions we should first understand which type of jurisdiction Cyprus falls into. Without over complicating it there are 3 general types of jurisdiction: high tax, low tax and no tax (often called Tax havens). We should say this is a […]

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Cyprus recovery

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The calm before the storm Prior to 2008’s global recession the world was doing well, and then the domino effect of bad debt happened, swiftly moving from country to country, continent to continent as today’s modern world is more closely tied together than ever. Cyprus however was somewhat unaffected like a small paradise in the […]

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An overview of a Permanent Residency Permit in Cyprus

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An overview of a Permanent Residency Permit – Category F. Category F is one of the residency permit types in Cyprus. It gives the right to its holder to live in Cyprus on a permanent basis but does not allow them to work. This permit is applicable only to third country nationals (non-EU). Category F is […]

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Title Deeds and Immigration Workshop

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OLIESERVE organizes first Workshop regarding IMMIGRATION and TITLE DEEDS issues. For many years the issue of title deeds has been a bit of a burden for Cyprus, staining an otherwise beautiful country to work live and play in. The global economic crisis which really came to the shores of Cyprus in 2013 threw the flood lights […]

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