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Fraudulent emails – Identify and discard 17 Oct 2024
By our IT department. Based on Hong J.  (Hong, 2012) Phishing emails are a type of targeted email attack where social engineers lure the…
Chief Scientist highlights Cyprus' role as technology hub in New Delhi 12 Sep 2024
(Source: CNA 11/09/2024) The Central Bank of Cyprus (CBC) has published detailed interest rate data for deposits and loans for each credit…
State aiming for a Single Supervisory Authority by the end of the year 05 Sep 2024
(Source:InBusinessNews 02/09/2024) The Cabinet’s decision last February for the creation of a Single Supervisory Authority seems to be on the…
Invest Cyprus: EIB decision to open office in Nicosia “a significant milestone for Cyprus” 25 Jul 2024
(Source:CBNNews 24/07/2024)   Invest Cyprus has welcomed the European Investment Bank Group (EIB Group)'s decision to open offices in Nicosia,…
Cyprus closing in on first ‘A’ Fitch rating in 13 years 16 Jul 2024
(Source: InBusinessNews 16/07/2024) Good news is always welcome, but when it concerns the Cypriot economy and its performance, it is also extremely…
Assets under Management of Collective Investments at €9.1b in Q1 12 Jul 2024
(Source: Cyprus Business News 10/07/2024) During the first quarter of 2024, the number of Management Companies and Undertakings of Collective…
Work remains to be done before Cyprus can join US visa waiver programme 09 Jul 2024
(Source: InBusinessNews 19/06/2024)   "We are at the final stage regarding the issue of entry visas to the USA," President of the Republic…
Invest Cyprus: Moody's credit rating upgrade "exciting news" for Cyprus 29 May 2024
(Source: CyprusBusinessNews 28/05/2024) International ratings agency Moody’s has upgraded Cyprus’ credit rating to positive from stable,…
‘Petrified’ non-doms poised to flee UK over Labour’s tax plans, say experts. 29 May 2024
(Source: The Gurdian 20/05/2024)   “People are jumping on planes right now and leaving,” said Nimesh…
Chimarides: “Cyprus can become a model, low-risk jurisdiction and place to do business” 24 May 2024
(Source: CyprusBusinessNews 20/05/2024) Economic diplomacy and good governance are essential if Cyprus is to maintain and further enhance its…
Cyprus Citizenship new law 14 May 2024
By our Legal Administration Department On the 30th of November 2023, the House of Representatives passed a new law (149(I)/2023) as an…
Invest Cyprus cultivating significant potential investment from Lebanese and French companies 09 Apr 2024
(Source: InBusinessNews 22/03/2024)   French and Lebanese companies active in Lebanon and France, including members of the Chambre de Commerce…
Interior Ministry announces naturalisation criteria as Cyprus aims to attract highly-skilled overseas talent 28 Mar 2024
(Source: InBusinessNews 22/03/2024) The qualifications required to apply for naturalisation, according to the provisions of the Civil Registry…
Larnaca is redefining itself for tourism and investment 08 Mar 2024
(Source: Cyprus Mail 26/02/2024) The city of Larnaca is emerging as an attractive business destination quite profitable for every professional,…
Updated double tax treaty between Cyprus and France 01 Mar 2024
The Cyprus Ministry of Finance has announced the signing of an updated treaty for avoidance of double taxation between Cyprus and France on 11…
Yoshio Yamawaki: It is important to make Japanese companies aware of Cyprus’ advantageous FDI environment 29 Feb 2024
(Source: Cyprus Business News 29/02/2024) In a recent interview with GOLD magazine, Japanese Ambassador Yoshio Yamawaki explored the potential…
Cyprus establishes administrative services supervisory body 28 Feb 2024
(Source: Philenews 27/02/2024) The Cabinet on Tuesday approved the establishment of a unified supervisory authority for administrative service…
Cabinet abolishes €350 annual company fee 22 Feb 2024
(Source: Philenews 21/02/2024) With today’s decision, the Cabinet abolished the annual company fee of €350 as an additional measure…
Cyprus is an increasingly attractive destination for yachts 14 Feb 2024
(Source: InBusinessNews 13/02/2024) Nikiforos Pampakas, General Manager at Limassol Marina, suggests that Cyprus is becoming an increasingly…
Yuriy Krasilnikov: Cyprus’ IP box provides great business conditions 13 Feb 2024
 (Source: Cyprus Business News 12/02/2024) According to Yuriy Krasilnikov, the CEO and Co-founder of Made on Earth Games , there are many…
Artificial Intelligence (Al) in Accounting 21 Jan 2024
By our Accounting Department AI in accounting refers to the use of artificial intelligence (AI) technologies, such as machine learning…
Cyprus (DAC 7) implementation regarding tax transparency rules for digital platforms 15 Jan 2024
On the 3rd of November 2023 the "Law amending the Administrative Cooperation in the Field of Taxation Laws" (Law) was published in the Official…
Cyprus Shipping – An assessment of 2023, looking ahead to 2024 30 Dec 2023
(Source: InBusinessNews 29/12/2023)   In recent weeks, due to the attacks on merchant ships in the Red Sea, Shipping has again…
Sound Industrial Relations 2014 (SIR2014) 22 Dec 2023
It is with great pleasure to announce that Cyprofund Administration Services Ltd has been successfully certified with the Sound Industrial Relations…
Cyprus hails Moody’s two-notch credit rating upgrade 02 Oct 2023
https://apnews.com/article/cyprus-moodys-credit-rating-update-investment-grade-171ec2ec5b370cbf5cf2a7165984274c
Evolving Banking Landscape: Trends and Challenges 05 Jul 2023
By our Banking department.   Introduction: The banking industry has undergone a remarkable transformation in recent years, driven by rapid…
Cyprus: Combating Financial Crime in Cyprus and the Legal Framework 11 Feb 2023
By our Compliance Departments Cyprus, having the financial services and international business sector as one of the vital pillars of its economy,…
Sound Industrial Relations 2014 Accreditation (SIR2014) 27 Jan 2023
Cyproman Services Ltd is honoured to have received the renewal of the Sound Industrial Relations 2014 (SIR2014) accreditation by the Cyprus Employers…
The importance of Fund Administrators in the Funds ecosystem and their evolution throughout the years 13 Jan 2023
By Marios Charalambous, Manager at CPF Fund Administration Fund administrators play an increasingly pivotal role in the funds ecosystem by providing…
Suspension of access to the Register of Beneficial Owners for the General Public 28 Nov 2022
The Department of the Registrar of Companies and Intellectual Property announced today, 28th November 2022, that based on a relevant decision of the…
Limited Liability Shipping Company Law of 2022/One stop shop for shipping companies in Cyprus 06 Nov 2022
On October 6, 2022, the House of Representatives has unanimously passed the Law on the Limited Liability Shipping Company (the “Law”).…
Filing of beneficial owner information in the BO Register for Investment Funds 11 Feb 2022
The Department of Registrar of Companies and Intellectual Property (the “RoC”), in an announcement issued on 11 February 2022 clarified…