In an Extraordinary General Meeting of the Cyprus Parliament on 13 October 2020, the Council of Ministers has voted and decided to cancel the Citizenship by Investment Programme. In its official press release, the Republic of Cyprus announced that the…
Glamping is a glamorous way of camping. It is designed for those who enjoy spending time in nature without wanting to sacrifice luxury accommodation. This unique experience includes all the essentials that campers need along with a luxury tent offering…
According to the Income Tax Law of 2002, the Cyprus tax residency- based system constitutes individuals physically spending over 183 days within a tax year (1st January to 31st December) in Cyprus (the “183-day rule”), as tax residents in that…
Είναι ευρέως γνωστό, ότι η Κύπρος διαθέτει ένα πολύ ανταγωνιστικό φορολογικό σύστημα. Δίνονται ουσιαστικά κίνητρα σε επιχειρήσεις που θέλουν να επεκτείνουν τις δραστηριότητές τους, ενώ ο εταιρικός φόρος εισοδήματος, στηρίζεται στον ανταγωνιστικό συντελεστή του 12,5% που επιβάλλεται επί των κερδών….
Cyprus and Switzerland, signed a protocol on Monday 21st July 2020, amending the existing double taxation agreement of 2014 intending to strengthen the framework of economic relations between the two countries. The signed protocol introduces the minimum standards of the…
According to the latest news published in Cyprus Mail, there could be a positive development regarding visa waivers for Cypriots travelling to the US. The Foreign Minister Nicos Christodoulides said that the issue will be discussed this month with the competent…
2nd Wave of General Health System (GHS) The implementation of the national health insurance system, which started on 1 March 2019 initially covering only outpatient care, is expected to be fully completed by June 1, 2020. From 1 March 2020,…
Various due-diligence processes and revisions of the currently existing Cyprus Investment Program (CIP) have led to major changes of the program, published in the Official Gazette of Cyprus at the end of August 2019.The amendments affect the already defined donation…
On Thursday, 7 November 2019, Eurofast celebrated its 40 year anniversary at the Latsia Municipality Theatre in Nicosia, Cyprus, in a wonderful event enjoyed by more than 300 guests. Breath-taking Argentinian Tango Group “Tango Legends”, brought to Cyprus by Eurofast…
Eurofast recently launched its new website eurofast.eu. The new website offers improved navigation and functionality, creating a user-friendly environment for visitors. The newly redesigned website ties together all of our offices into one location and allows visitors to experience and…