If you search for “banking fees in Cyprus”, you are probably trying to understand why different banks charge different amounts for simple services like account maintenance, ATM withdrawals, card use, SEPA transfers, or international payments. You may also want to know how EU rules on transparency and basic accounts affect what you pay, and how Cypriot […]
If you search for “banks in Cyprus”, you probably want more than just a list of names. You want to know which banks are active, how safe deposits are, how easy it is to open an account as a resident or expat, and which institutions are better for personal, business, or international banking. This guide gives […]
Setting up or running a business in Cyprus is straightforward if you follow a few core regimes: company law, tax & VAT, payroll & social charges, beneficial ownership (UBO), AML, data protection, competition/merger control, and sector oversight. Below is a plain-English, source-based breakdown you can keep by your desk. 1) Companies law: filings, HE32, and audited accounts Cyprus companies operate under Cap. 113 (Companies Law) and file […]
Cyprus requires most companies, partnerships, and certain legal entities to disclose their Ultimate Beneficial Owner (UBO) information in a national digital registry. Here’s a comprehensive yet clear breakdown of who must comply, what to report, key deadlines, and how to stay on the right side of the law. What is the UBO Register? The UBO […]
Cyprus offers a robust system to protect inventions, brands, and creative works. It combines EU alignment, tax incentives, and practical tools—making it a smart choice for innovators and business owners. Types of IP Protected Cyprus protects these types: International & EU Alignment Cyprus adheres to key international agreements: This integration ensures IP created in Cyprus […]
Cyprus provides financial support to families through child benefit and single-parent benefits. These subsidies aim to ease the cost of raising children and adapt based on household income and size. Here’s your comprehensive guide. What Is Child Benefit? This government-funded allowance supports families with dependent children who live with them in Cyprus. It applies to […]
Cyprus continues to grow as a prominent European hub for investment funds. With a regulatory framework aligned with EU norms and recent updates in 2025, the island offers modern fund structures, flexible setups, and attractive tax features for global investors and managers alike. Fund Types in Cyprus Cyprus offers two main fund categories under CySEC regulation: New […]
Cyprus offers an attractive non-domicile (non-dom) regime that exempts tax residents from certain taxes on foreign-sourced income—including dividends, interest, and rents—for up to 17 years. Whether you’re a global entrepreneur, digital nomad, or retiree, this status can significantly lower your tax burden while living in the EU. Who Qualifies as a Non-Dom? To benefit from non-dom, you […]
Planning your retirement in Cyprus demands care, especially to estimate what your state pension will provide. Thankfully, several tools and calculators – both official and third-party – can help you anticipate your pension income. 1. Official Social Insurance Pension Estimator The Cyprus Social Insurance Services offers an official online calculator for statutory pensions. It requires you to: […]
As an EU member, Cyprus enforces the General Data Protection Regulation (GDPR) through local law 125(I)/2018. This guide explains how Cyprus aligns with GDPR, what organizations must do, and how businesses can comply effectively. GDPR Framework in Cyprus Cyprus adopted the GDPR via national legislation—Law 125(I)/2018—effective July 31, 2018. This law follows all GDPR provisions, […]
