The Cyprus government announced on Friday, October 15 2021, its new action plan for attracting foreign companies to establish or relocate their operations in Cyprus.

The UAE government has launched a new programme to develop talent, expertise and innovation in the field of coding in collaboration with top tech firms.

The CySEC issued the Crypto Asset Service Providers (CASP) Directive, in order to provide guidance for operating and registration conditions of the CASPs pursuant to the 5th Anti-Money Laundering Directive.

The Republic of Cyprus and The Kingdom of Netherlands, have signed an agreement to avoid double taxation. The treaty will ensure the tax treatment of transactions between the two countries.

The Cyprus Ministry of Interior issued the legal framework and criteria for the expedited process of issuing an Immigration Permit to third country nationals, to attract foreign investments in Cyprus.

Following the Prevention of Money Laundering Law of 2021, companies must register their Beneficial Owners with the registerar of companies.