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Tokenization of Assets and Blockchain

Authors Åsa Dahlborn, Mariana de la Roche, Laura Kajtazi (IOTA Foundation) and Rob Daykin (Nakama)’ What is tokenization – a short overview of different tokens During the rapid development and increased interest in blockchain during the last few years, different processes that benefit from the fact that they are being implemented with blockchain technology have...

Employment of Third-Country Nationals in Cyprus

Author: Mr. Charalambos Papasavvas Advocate – Legal Consultant Managing Partner of PAPASAVVAS & LISKAVIDOU LLC Founder of RELOTECH EXPERTS Founder of NEOCOURSES INNOVATION CENTER   Eligibility and Work Permits Once a company qualifies as eligible, it can submit applications to issue work permits for highly skilled employees from non-EU countries and their families. The work permits, valid for three years, are...

Transfer Pricing Law and Regulations

Author: Mr. Charalambos Papasavvas Advocate – Legal Consultant Managing Partner of PAPASAVVAS & LISKAVIDOU LLC Founder of RELOTECH EXPERTS Founder of NEOCOURSES INNOVATION CENTER   Enforcement and Overview Starting from the 2022 tax year, amendments to Cyprus Tax Law now include Transfer Pricing (TP) regulations for Cyprus tax-resident companies engaged in transactions with related parties. On June 30, 2022, the Cyprus...

Pros & Cons of Relocating a Business to Cyprus

Author: Mr. Charalambos Papasavvas Advocate – Legal Consultant Managing Partner of PAPASAVVAS & LISKAVIDOU LLC Founder of RELOTECH EXPERTS Founder of NEOCOURSES INNOVATION CENTER     The Pros of Relocating a Business to Cyprus Relocating a business is a major step, and picking the right location is crucial for long-term success. Cyprus, a Mediterranean island, has grown in popularity as a...

High-Net-Worth Individuals

Author: Mr. Charalambos Papasavvas Advocate – Legal Consultant Managing Partner of PAPASAVVAS & LISKAVIDOU LLC Founder of RELOTECH EXPERTS Founder of NEOCOURSES INNOVATION CENTER   Introduction Cyprus has emerged as a preferred destination for High-Net-Worth Individuals (HNWIs) and family offices for various reasons, including its highly favorable tax regime, strategic geographical position, business-friendly environment, and exceptionally high quality of life. This...

Cross-Border Merger

Author: Mr. Charalambos Papasavvas Advocate – Legal Consultant Managing Partner of PAPASAVVAS & LISKAVIDOU LLC Founder of RELOTECH EXPERTS Founder of NEOCOURSES INNOVATION CENTER   A company registered in Cyprus can engage in a cross-border merger, except for limited liability companies by guarantee and companies under liquidation. The EU Directive 2017/1132/EC (the “Directive”) outlines provisions for cross-border mergers, which involve the...

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