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Obtaining Citizenship by Investment (Issued January 2012)
Written on 15 May, 2012 at 7:25 in Latest News, News
CRITERIA AND CONDITIONS OF CITIZENSHIP BY EXEMPTION Criteria and conditions for providing citizenship by exemption to foreign investors/entrepreneurs according to Annex 2(f) of the Third Table of the Civil Registry Laws 2002-2011 (Proposal no.879/2007) were amended by Decision of Council of... (Continue reading)
DOUBLE TAXATION AGREEMENT Germany-Cyprus
Written on 3 Apr, 2012 at 11:08 in Latest News, News
In their efforts to maintain and empower their economic and commercial relationship, Cyprus and Germany have signed an agreement for the avoidance of double taxation on income on the 18th February 2011. The new agreement is based on the 2003... (Continue reading)
TAX UPDATE
Written on 27 Dec, 2011 at 7:18 in Latest News, News
On the 14th of December 2011 the Cypriot House of Representatives approved a number of new measures, which aim at the improvement of public finances without jeopardizing the competiveness of Cyprus as a financial centre. 1. Loans and financial assistance to... (Continue reading)
Cyprus: A Tax Haven for Arab Investors?
Written on 20 Dec, 2011 at 11:00 in Latest News, News
Cyprus has for the past few years been removed from the OECD tax haven list and it is now included amongst the Jurisdictions that have substantially implemented the internationally agreed tax standard. Since Cyprus’ accession in the EU in 2004, the... (Continue reading)
Democritos Aristidou & Co real estate department led by Constantinos Aristidou
Written on 31 Aug, 2009 at 14:31 in News
Democritos Aristidou & Co real estate department led by Constantinos Aristidou partner has just concluded a major sale of more than 24.000 sq. meters residential land situated at Trachoni village of Limassol district, representing the Vendors. The purchase price reached... (Continue reading)
Oil and gas exploration the first licensing round offshore in Cyprus
Written on 14 May, 2009 at 19:07 in News
1) The Republic of Cyprus, represented by the Ministry of Commerce, Industry and Tourism, has decided to conduct the First Hydrocarbon Exploration Licensing Round offshore Cyprus. This is scheduled to be officially opened on the 15th February 2007 and to... (Continue reading)
Cyprus companies to list on russian exchanges
Written on 15 May, 2009 at 13:59 in News
Cyprus based companies may list on Russian stock exchanges according to a deal signed between VTB Group and the Cyprus Stock Exchange during the meeting between President Dmitry Medvedev and Cypriot President Dimitris Christofias in Moscow. When we take into account... (Continue reading)
Advising SBA Police and Prisons Association on Pension Scheme
Written on 15 May, 2009 at 14:14 in News
Mrs Christiana Aristidou, Lawyer and Partner of our firm, is currently advising The Comittee of the SBA Police and Prisons Association, regarding the Pension Regulations of 2008, ie “the Police and Prison officers (Pension) Regulations 2008” that have been proposed... (Continue reading)
Cyprus Parliament approves adoption of Euro
Written on 31 Aug, 2009 at 14:13 in News
The Cyprus Parliament on last Thursday 16 of March, voted in favor of adopting the Euro as planned on the 1st of January 2008. ... (Continue reading)
Democritos Aristidou & Co criminal litigation department
Written on 31 Aug, 2009 at 14:24 in News
Democritos Aristidou & Co criminal litigation department led by Senior Litigation Lawyer Andri Ioannou is currently engaged on a murder hearing at the Assize Court of Paphos Cyprus representing the Accused. Next hearing is on 30th January 2007…… ... (Continue reading)