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Author: Mr. Charalambos Papasavvas Advocate – Legal Consultant Managing Partner of PAPASAVVAS & LISKAVIDOU LLC Founder of RELOTECH EXPERTS Founder of NEOCOURSES INNOVATION CENTER – The requirement for all Cyprus tax residents aged 25 and above to file an annual tax return even with no taxable income is a proposed measure part of the wider 2025/2026 tax reform package that is...

Author: Mr. Charalambos Papasavvas Advocate – Legal Consultant Managing Partner of PAPASAVVAS & LISKAVIDOU LLC Founder of RELOTECH EXPERTS Founder of NEOCOURSES INNOVATION CENTER – For individuals and companies involved in crypto in Cyprus, the primary recommendation is to prepare for a new, clear, flat 8% tax on profits from the disposal of crypto assets, expected to be effective from January...

Author: Mr. Charalambos Papasavvas Advocate – Legal Consultant Managing Partner of PAPASAVVAS & LISKAVIDOU LLC Founder of RELOTECH EXPERTS Founder of NEOCOURSES INNOVATION CENTER – Cyprus, a country in the Eastern Mediterranean, has emerged as a preferred destination for international businesses owing to its locational advantage, EU membership, and favorable tax regime. Of all the corporate entities available, BCS Companies, or...

Author: Mr. Charalambos Papasavvas Advocate – Legal Consultant Managing Partner of PAPASAVVAS & LISKAVIDOU LLC Founder of RELOTECH EXPERTS Founder of NEOCOURSES INNOVATION CENTER – On 10 April 2025, the Cyprus Parliament passed amendments to the Cyprus Income Tax Law, Special Contribution for Defence Law and to the Assessment and Collection of Taxes Law introducing measures against Low-Tax Jurisdictions (LTJs). More...

Author: Mr. Charalambos Papasavvas Advocate – Legal Consultant Managing Partner of PAPASAVVAS & LISKAVIDOU LLC Founder of RELOTECH EXPERTS Founder of NEOCOURSES INNOVATION CENTER   Recent Developments – The new Cyprus tax residency application form Amid global shifts toward clarity and openness in international taxation, the Cyprus tax authorities have bolstered the integrity and legitimacy of Cyprus Tax Residence Certificates by...

Author: Mr. Charalambos Papasavvas Advocate – Legal Consultant Managing Partner of PAPASAVVAS & LISKAVIDOU LLC Founder of RELOTECH EXPERTS Founder of NEOCOURSES INNOVATION CENTER   Rental property investment in Cyprus provides a solid avenue for generating passive income, but it comes with specific tax responsibilities that investors must understand to ensure compliance and profitability. Whether you’re a local or international property...

Author: Mr. Charalambos Papasavvas Advocate – Legal Consultant Managing Partner of PAPASAVVAS & LISKAVIDOU LLC Founder of RELOTECH EXPERTS Founder of NEOCOURSES INNOVATION CENTER   As businesses near the end of the 2024 calendar year, it’s an opportune moment to tackle tax accounting and reporting hurdles to prevent surprises and ease the strain of the financial statement close. Global organizations have...

Author: Mr. Charalambos Papasavvas Advocate – Legal Consultant Managing Partner of PAPASAVVAS & LISKAVIDOU LLC Founder of RELOTECH EXPERTS Founder of NEOCOURSES INNOVATION CENTER   Calculate the cost Tax optimization involves arranging finances to reduce tax liabilities. This is accomplished by taking advantage of tax breaks, reductions, and allowances, as well as carefully balancing income and spending. Tax optimization can make...

Author: Mr. Charalambos Papasavvas Advocate – Legal Consultant Managing Partner of PAPASAVVAS & LISKAVIDOU LLC Founder of RELOTECH EXPERTS Founder of NEOCOURSES INNOVATION CENTER   Conveyancing is an essential legal process in property transactions, involving the transfer of ownership from one party to another. In Cyprus, property transactions are governed by The Immovable Property (Tenure, Registration & Valuation) Law, Cap. 224,...