by developer@enigmaNew VAT Legislation on Primary Residences in Cyprus: Key Changes and Implications
The Cypriot Parliament has recently passed new legislation introducing significant amendments to the VAT regime applicable to primary residences. The changes, passed with near-unanimous support, aim to align Cyprus’s VAT framework with EU directives and address long-standing concerns raised by the European Commission.
by developer@enigmaImmovable Property Transactions in Cyprus: A Secure and Straightforward Process
In recent years, there has been a notable increase in immovable property transactions across the Republic of Cyprus. This growing interest is largely attributed to the simplicity and transparency of the property acquisition process in the country.
by developer@enigmaDrafting a Cyprus Will for Property in Cyprus While Living Abroad
Owning immovable property in Cyprus as a non-resident is a valuable investment, but it also requires careful succession planning. For individuals residing abroad, preparing a Will governed by Cyprus law is essential to ensure that their estate is protected and distributed according to their wishes, without unnecessary legal complications.
by developer@enigmaTransfer of Property by Assignment Agreement in Cyprus
In the Cypriot legal system, the transfer of property rights through an Assignment Agreement is a widely used contractual method for transferring rights and obligations under an existing sale agreement—particularly when the title deed of the property has not yet been issued in the name of the original buyer (assignor).
by developer@enigmaBanking & Private Clients
The Central Bank of Cyprus plays a vital role in safeguarding the stability and integrity of the financial system, ensuring public confidence and fostering sustainable economic growth.
by developer@enigmaThe UAE-Cyprus-EU Route
Cyprus serves as the ideal bridge between the UAE and the European Union, enabling UAE companies to expand into Europe through a trusted, tax-efficient, and strategically located EU base.
by developer@enigmaCyprus Tax System at a Glance
Cyprus has a competitive 12.5% corporate tax rate, fully aligned with EU and OECD rules.
Dividends, share profits and foreign income are largely tax-exempt.
The IP Box (2.5%) and non-dom regime offer major additional benefits.
by developer@enigmaEU Citizens – “Yellow Slip”
How EU citizens and their non-EU family members can legally reside and work in Cyprus
by developer@enigmaRelocation & Headquartering
Explaining the main residency options for non-EU nationals
by developer@enigmaForeign Direct Investments in Information Technology
Overview of Cyprus as a rapidly growing innovation and technology hub,