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Cyprus enacts law implementing tax transparency rules for reporting digital platform operators DAC 7, outlined in Legal Notice 8 of 2023, implemented on 20 January 2023, incorporates the seventh update to Council Directive 2011/16/EU on taxation cooperation into...

On 08 June 2023, the House of Representatives passed a bill amending the current legislative framework allowingfor a reduced VAT rate of 5% levied on first homes on the Value Added Tax Law 119(I) of 2016 (the "Law"). The new amendment of the Law is subject now to the...

Cyprus Holding Companies Cyprus companies holding investments enjoy a preferential tax treatment under Cyprus tax law especially those owned by non-Cyprus domiciled or Non Cyprus tax resident individuals. Cyprus government ambition to establish the country as an...

Cyprus Permanent Residency Rules Revised Pursuant to the provisions of Regulation 6(2) of the Aliens and Immigration Regulations, the Minister of Interior has decided to revise the current Permanent Residency programme (the “Programme”) rules. The revisions come into...

We are delighted to announce the Enhancement of Cooperation between Stelios Americanos & Co LLC and mifo. This partnership marks an exciting milestone for both companies and presents a significant opportunity for us to work together towards achieving common goals....

סיכונים הכרוכים בהשקעה בנכסי נדל״ן בשטח הכבוש (בקפריסין (״הרפובליקה הטורקית של צפון קפריסין״ [pdf-embedder url="https://americanoslaw.com/wp-content/uploads/2023/03/Risks-associated-with-investing-in-properties-in-the-occupied-part-of-Cyprus-Hebrew-1.pdf" title="Risks...