Cyprus: Corporate and Company Law

Across the EU, regulators are transitioning from observing AI adoption to actively supervising its use through a risk-based regulatory framework.

The Cyprus parliament, the House of Representatives, approved a comprehensive tax reform package on 22 December, which covers corporate income tax, the special defence contribution (SDC), capital gains, personal income tax, real estate and crypto assets, as well as strengthening tax administration and enforcement.

A Cyprus holding company is commonly used as the top or intermediate entity within an international group, owning shares in operating companies located in other jurisdictions, receiving dividend income...