Cyprus has amended its immigration legislation in favour of companies of certain industries to easily establish their operation in Cyprus, expand their activities and to employ non-EU citizens.

DMCC, the world’s most well-known free zone, has announced that it had its best year ever in 2021, attracting 2,485 enterprises to Dubai.

Cyprus Finance Minister, Mr. Petrides, announced the decision of the Government regarding the corporate income tax reform in 2022.

Financial Strategies Acquisition Corp SPAC announced its IPO (USD 100 M, including Underwriter’s execution of over-allotment) on NASDAQ,.

Stefan Nolte, managing director of Shanda Consult and SPAC Consultants, was the Guest Speakers on the Deep Pharma Intelligence virtual event.

The European Commission decided to provide funding for Cyprus Recovery and Resilience Plan, worth €1.23 billion. The Cyprus reforms and investment projects are supported from the EU RRF.