Many international businesses are relocating in Cyprus to setup a company, a branch, a holding company or other structure like partnerships and trusts. Cyprus Companies offer many competitive advantages when compared with other global business centers. The following factors make Cyprus one of the most attractive international business hubs in the world for doing international business activities.

• Strategic geographical location. Cyprus is located in the eastern Mediterranean Sea, at the crossroads of three continents, Europe, Asia and Africa
• Business friendly
• English language is widely used as the main business language but one of the biggest advantages of Cyprus is the legal system which is based to the English law making it very effective and suitable for entrepreneurs. Educated workforce
• EU Member State
• Low set up and operating costs
• Efficient business environment accomplished by simple administrative procedures
• Advanced transport and telecommunications network
• High Standard of Living
• A beautiful country with a mild climate, no crime rate, hospitable population, a fantastic cuisine and tasty fruits and vegetables
• The favorable tax system

Cyprus today constitutes a world service center. Businesspeople benefit from the country’s simple tax legislative framework with competitive tax rates, also in line with the E.U. acquis and governed by a wide range of double taxation agreements with other countries.

Real estate tokenization is a modern way of investing in real estate. This revolutionary concept, made possible because of blockchain technology and smart contracts, has disrupted the traditional real estate industry by offering investors access to fractional ownership of a property.

Real estate tokenization converts the value of real estate into tokens stored on a blockchain, enabling digital ownership and transfer. These divisible tokens represent a fractional share of ownership stake in that real estate.

Despite universal globalization, the real estate market's main problem is that it is still not global. Mass buyers and investors generally look at the real estate market within their country or city. Accordingly, for real estate development companies and property owners, this means an artificial reduction in demand, limiting opportunities for growth in their business. Smart contracts and tokens come to solve these problems. Together, they erase boundaries for real estate transaction participants, reduce transaction costs, and open new opportunities for market participants.

Με χαρά ανακοινώνουμε ότι η πύλη εγγραφών για τις εξετάσεις πιστοποίησης ΚΞΧ/ΧΤ οι οποίες θα διεξαχθούν στις 9 Απριλίου 2024, είναι πλέον ανοιχτή. Μπορείτε να εγγραφείτε για τις εξετάσεις μέσω της διαδικτυακής μας πύλης από σήμερα, 10 Ιανουαρίου 2024. Η προθεσμία εγγραφής λήγει την Παρασκευή 8 Μαρτίου 2024.

We are pleased to announce that the registrations for the AML/CFT Certification exam scheduled for April 9^th 2024 are now open. You can register for the exams via our online portal from today, January 10th, 2024. The registration deadline is set for Friday 8th March 2024.

Εάν το αίτημα σας αφορά εγγραφή στο Φορολογικό μητρώο, γίνεται πλέον ηλεκτρονικά μέσω της διαδικτυακής Πύλης Φορολογουμένων TFA (https://taxforall.mof.gov.cy). Ως εκ τούτου, εάν το αίτημα σας αφορά τα πιο πάνω δεν γίνεται αποδεκτό. Προϋπόθεση για την Ηλεκτρονική Εγγραφή στο Φορολογικό Μητρώο είναι η Δημιουργία Λογαριασμού στη Διαδικτυακή Πύλη TFA  και ακολούθως η υποβολή του αιτήματος. 

If your request concerns registration in the Tax Register, now can be done electronically through the TFA Taxpayer Portal (https://taxforall.mof.gov.cy). Therefore, if your request concerns the above, it is not accepted. A prerequisite for Electronic Registration in the Tax Registry is the creation of an Account on the TFA Online Portal and then the submission of the request.  

On 30.11.2023 the House of Representatives of the Republic of Cyprus voted for an amendment to the Civil Registry Law. Now highly skilled foreign employees of companies of foreign interest may apply for the Cyprus citizenship after their legal stay in Cyprus for 3 or 4 years instead previous 7 tears. The main condition is the knowledge of Greek confirmed by language exam. The applicants who passed the exam for the Level A2 can apply for citizenship after 4 years and the applicants who passed the exam for the Level B1 can apply for the citizenship after 3 years. Such applications will be examined within 8 months and the family members will be able to apply for the citizenship on the same conditions including the condition for Greek language exam.