Cyprus Company Registrar extends Annual Returns deadline to 31 October 2016 PUBLISHED ON 16/05/2016
The Cyprus Company Registrar has extended its initial deadline from 31st of March to 31st of October 2016 for the submission of Annual Returns (HE32 form) of the previous year. Failure to comply with this requirement will result company strike-off (de-registration) without any further notice.
German-Iranian Business Relationship Boost PUBLISHED ON 22/04/2016
During his visit in Germany the Iranian Minister of Road and Urban Development, Abbas Akhoundi has held important meetings in order to enhance cooperation between the two countries. He had a “very constructive” meeting with the German Economy Minister Sigmar Gabriel on various joint development projects related to the transportation sector. As a result of […]
Cyprus Central Bank amends AML and Terrorist Financing Directive PUBLISHED ON 21/04/2016
The Central Bank of Cyprus has amended its AML and Terrorist Financing Directive, which is based on the provisions of the respective EU Directive, by enhancing the KYC requirements for commercial banks, requiring them “to ensure, through their own procedures the verification of the identity and economic profile of their customers.” The CBC has also […]
Cyprus successfully exits IMF Bailout PUBLISHED ON 15/04/2016
Cyprus has successfully exited 10 billion Euro bailout programme before its term and without any successor arrangement. Cyprus has successfully managed to outperform its fiscal targets; in fact the country has used only €7,5 billion from the total of €10 billion financial aid package granted from the Troika international creditors: the International Monetary Fund (IMF), […]
