July 23, 2021

Cyprus introduces Register of Beneficial Owners

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 of the Registrar of Companies…
July 06, 2021

‘VAT: Urgent and Important’ by Alexis Tsielepis

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 Greek-language Phileleftheros newspaper on Sunday,…

News Archive

July 01, 2021

Cyprus opens its doors to crypto providers

Nicosia - The Cyprus Securities and Exchange Commission (CySEC) issued last week a directive in relation to the registration of Crypto-Asset Service Providers (CASPs)… Click here to read more.
June 22, 2021

DiVE into the world of VAT

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… Click here to read more.
April 07, 2021

Cryptocurrencies hit all-time peak of $2 trillion

New York - The cryptocurrency market capitalization hit an all-time peak of $2 trillion earlier this week, according to data and market trackers CoinGecko… Click here to read more.
March 30, 2021

Funds in Cyprus reach €8.58 bln

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… Click here to read more.
February 19, 2021

Cyprus to reopen airports from 1 March

Nicosia - Cyprus plans to reopen its airports with a colour-coded health risk assessment system from 1 March 2021, applicable to travellers from many… Click here to read more.
February 10, 2021

3 instalments for VAT payments

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… Click here to read more.