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Legal 500 Litigation Guide
Date: 07/06/2019
The Legal 500 & The In-House Lawyer
Comparative Legal Guide
Cyprus: Litigation (2nd Edition)
This country-specific Q&A provides an overview of
Litigation that may occur in Cyprus.
This Q&A is part of the global guide to Litigation. For
a full list of jurisdictional Q&As
visit http://www.inhouselawyer.co.uk/practice-areas/li
tigation-second-edition/
Published June 2019
BREXIT & THE ROLE OF CYPRUS
Date: 18/04/2019
The UK has long been one of the leading shipping hubs, this role having been enhanced by its European Union membership and influence over its organs. However, since the 2017 referendum and impending exit (Brexit), with or without an agreement, the focus has turned on other EU alternatives. One of these is Cyprus, a nation with naval tradition going back millennia.
Tax News Letter – Snapshot on Cyprus: The Anti Tax Avoidance Directive
Date: 17/04/2019

Cyprus has recently incorporated in its laws the anti tax avoidance measures contained in the EU Directive on Anti-Tax Avoidance 2016/1164 (ATAD) with retroactive effect (as of 1st January 2019)(ATAD Law).
 

Cyprus National Health System ( Cyprus NHS)
Date: 16/04/2019

The much awaited and debated Cyprus National Health System (NHS) will commence operations later this year while the relevant contributions (taxation to finance the NHS) commence as of 01 March 2019 (‘NHS Contribution’). The NHS Contribution is calculated on the amount of income streams earned by (i) a Cyprus tax resident physical person (irrespective if he is classified as non-domiciled or not), or (ii) a non-Cyprus tax resident person on designated Cyprus source income.

Transposing the Anti Tax Avoidance Directive
Date: 16/04/2019
The Cyprus Parliament passed the proposed legislation transposing into Cyprus law the EU Directive on Anti-Tax Avoidance 2016/1164 (ATAD) with retroactive effect (1st January 2019)(“ATAD Law”).
Extending the deadline for submission of personal income tax returns and final tax payment for 2017
Date: 21/06/2018
Interpretation of article 5(2)(f) governing debit balances between a Company and non Cyprus tax resident physical person
Date: 21/06/2018
Impending implementation of EU Directive on anti tax avoidance
Date: 21/06/2018
Scordis, Papapetrou & Co merger with Michaelides & Michaelides
Date: 10/01/2018

Merger News, merger with Michaelides & Michaelides

New Limassol Offices
Date: 10/01/2018

New Limassol Offices

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SCORDIS, PAPAPETROU & Co LLC is a Lawyers’ Limited Liability Company (Reg. No. 221102) regulated by the Cyprus Law Council and the Cyprus Bar Association (Reg. No. 003), Reg. Off. at 30 Karpenisi Street, 1077 Nicosia, Cyprus.