Articles in English

Вторник 29 апреля 2025

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Minister Nouris: “We are in the new era of realities”

Opening BEST LEGAL Conference in Limassol, Minister of Interior, Mr Nicos Nouris gave a brief overview on topics that fall under the competencies of the Ministry of Interior and have to do with laws and regulations on facilitating the employment of foreign nationals as well as incentives offered for foreign companies operating in Cyprus. Below you may read the full version of his speech. Ladies and Gentlemen, It is an honor to welcome you all at the VIII Conference in…

The recent Reform in the Administration of Justice in Cyprus

After a long and troublesome history full of setbacks and redrafts the House of Representatives has in July 2022 finally passed the amendments to the Laws of Cyprus that would bring about the long awaited reform of the judicial system. It has been hailed as a revolution in judicial administration for the Cyprus Courts that would go a long way towards solving the backlog of cases accumulating in the Courts that have resulted in Cyprus being placed at the bottom…

Less than 40 Days to the Largest Boat Show in Eastern Europe

The biggest celebration for sea and boat lovers is approaching after two years of absence due to COVID. The Limassol Boat Show is planning a dynamic come back with the support of major organisations and the main boat vendors. From 14 - 16 October the whole Limassol Marina will be donning its best to welcome more than sixty exhibitors in the field of yachts, boat rentals, water sports, water activities, services and unique cars. Boat dealers-sellers with spectacular exhibition booths…

Submission of regulatory reports: a new era

The annual conference of the Cypriot company Point Nine, which specializes in providing services that facilitate the submission of regulatory reports for transactions by legal entities around the world, is developing into one of the largest gatherings of executives from the field of regulatory compliance services. On September 16, 2022, the 3rd Point Nine Annual Conference will be held at the Four Seasons Hotel in Limassol and distinguished speakers from leading international companies in regulatory compliance such as FIS Global,…

The place to meet international lawyers and companies leaders

Best Legal Conference will gather in Limassol partners from local and international legal firms, corporate lawyers, founders and managers of international companies based in Cyprus. It is a well-established B2B event organized in Cyprus since 2014. The event is held under the auspices of the Cyprus Bar Association. NETWORKING OPPORTUNITIES Best Legal Conference will start in the evening on the 21st of September with a networking cocktail for conference delegates and some VIP guests from the legal community of Cyprus,…

New Cyprus Transfer Pricing Documentation Requirements

On 30 June 2022, the Cyprus Parliament voted for the introduction of transfer pricing documentation requirements for Cyprus tax resident persons and permanent establishments of non-Cyprus tax resident persons, applicable as from 1 January 2022. The arm's length principle is at the heart of Transfer Pricing, pursuing the fair and proportional attribution of profits between related parties for tax purposes. The arm’s length principle provides that transactions between related parties should be carried out at no different terms and conditions…

Cyprus in 2022: Predictions

At the time of writing (14 March 2022), it is difficult to make predictions for Cyprus in 2022. This is due to the fact that it is impossible to forecast how long the military phase of action in Ukraine will last, and what type of solution one can expect. For 2022, however, it is likely that no matter what occurs (assuming this does not involve escalation into a regional conflict between NATO and Russia), the impact on Cyprus will be…