Following the transposition of the 5th European Anti-Money Laundering Directive at a national level, Cyprus has introduced a central Register of Beneficial Owners, which will be kept by the Department…

Limassol - Managing Director of Chelco VAT Ltd, Alexis Tsielepis offers his assessment on what lies ahead in Value Added Tax (VAT) in an article in the Financial pages of…

Nicosia - The Cyprus Securities and Exchange Commission (CySEC) issued last week a directive in relation to the registration of Crypto-Asset Service Providers (CASPs) on the island. In the context…

Limassol - The Chelco VAT International Academy recently launched a first-of-its-kind in Cyprus expert diploma in Value Added Tax (VAT). The Diploma in VAT Excellence (DiVE), is a high-level course…

New York - The cryptocurrency market capitalization hit an all-time peak of $2 trillion earlier this week, according to data and market trackers CoinGecko and Blockfolio, as gains over the…

Nicosia - Cyprus had €8.58 bln in Funds and Assets Under Management in the 4th quarter of 2020, up by 10.3% from the 3rd quarter and an increase of 3.8%…

Nicosia - Cyprus plans to reopen its airports with a colour-coded health risk assessment system from 1 March 2021, applicable to travellers from many of its main tourism markets and…

The House of Representatives voted on Friday, 5 February 2021 VAT Law N.5(I)/2021, which allows for payment of VAT in three instalments for certain taxable persons for the VAT period…

Nicosia - The number of people who travelled to Cyprus fell by almost 80% in 2020 compared to 2019 while people departing from the country also recorded a drop of…