A successful foreign investment largely depends on the chosen location, one that offers an advantageous framework to allow it to prosper. Situated at a crossroads between Europe, Asia and Africa, the small but dynamic island nation of Cyprus boasts a strategic and privileged destination for foreign investments for companies and individuals alike. Its strategic […]
Cyprus is a beautiful island that we encourage you to explore to the best of your ability! However, please keep in mind the following information before heading out to your chosen destinations to ensure your safety on the road. First and foremost, drivers in Cyprus drive on the left side of the road. NOT on […]
The serene island of Cyprus has become a popular destination for the purchase of holiday homes and investment properties. While, purchasing your first property can be an exciting experience, additional attention must be given to the procedure in order to guarantee its transparency and safeguard your interests and money. Reservation fees or so called ‘pre-contract […]
The International Federation of Accountants defines money laundering as ‘The funnelling of cash or other funds generated from illegal activities through legitimate financial institutions and businesses to conceal the source of the funds.’ It is therefore imperative that legislation and regulations, both domestic and international accompanied by professional ethics serve as the tools of society […]
Every owner of a property in Cyprus is liable to pay their Immovable property Tax, which is due and payable each year until the year 2016 to the Tax Office. (If there is more than one owner, each owner is responsible to pay their share of the Immovable Property taxes, which are divided equally between […]
There have been several amendments by the Foreign Ministry (irrational in our mind and our understanding) concerning power of attorneys and official documents which must be certified in relation to the land registry offices and / or governmental offices (though irrational, we must comply with these amendments.) Please kindly note; If you have […]
Cyprus is a Mediterranean island in which the Mediterranean Diet prevails. Cyprus is not only famous for the beautiful beaches but also for the Mediterranean tasty cuisine. One of the most famous traditional foods of Cyprus, is certainly the white cheese named Halloumi. The Greek word “almi” which means salty water gave the name halloumi […]
We are organizing a second Blood donation this year, this time in Larnaca. If you are able to donate blood, please join us on 1st December 2017, at Larnaca General Hospital between 10:00 and 12:00. We look forward to seeing you there.
Dear Friends It is our firm’s policy to inform our clients immediately of any changes in rules and laws, and we are contacting you this time regarding taxes matters. On the 3rd July, the implement of the installment plan for repayment of arrears to the Department of Taxation will take place. Below, we have provided […]
Dear friends, colleagues and associates We would like to inform you the we recently had a meeting at A’CHACHOLIS DEVELOPERS for a personal case of our clients. Whilst there, we broached the subject of title deeds to the director and he has informed us of the following: The title deeds for the following projects […]