February 05, 2018

President Anastasiades re-elected for second term

Nicosia - Cyprus President, Nicos Anastasiades, was re-elected for a second term in office with 56% of the vote, yesterday. Stavros Malas, who contested the election backed by leftist party, AKEL, trailed behind with 44%.…
January 18, 2018

Cyprus company registrations on the rise in 2017

Nicosia - The number of applications for the registration of new companies in Cyprus increased for the fourth consecutive year in 2017, according to the Department of the Registrar of Companies and Official Receiver. Specifically,…

News Archive

January 08, 2018

Cyprus signs Double Taxation Treaty with Saudi Arabia

Riyadh - Cyprus and Saudi Arabia have signed an agreement for the avoidance of double taxation with respect to taxes on income and for… Click here to read more.
January 04, 2018

Panayiotis Panayi appointed Director of Chelco VAT Ltd

Limassol - Chelco VAT Ltd proudly announces the appointment of its Senior VAT Consultant, Panayiotis Panayi, to the firm’s Board of Directors as of… Click here to read more.
January 03, 2018

Chelco Management Services donates to local children’s charities

Limassol – Chelco Management Services Ltd has made Christmas donations to The Dancing Queen Foundation, the Miranda Fund and the Cyprus Association for Children… Click here to read more.
December 11, 2017

Building Permits Increase by 45% in 2017

Limassol - Building permits in Cyrus registered a 45% increase in the first three quarters of 2017 compared to the same period of 2016,… Click here to read more.
November 13, 2017

Cyprus writes off small debts

Nicosia - The House of Representatives passed last week a law to write off overdue taxes of up to €100. The Amending Law on… Click here to read more.
October 23, 2017

Fitch upgraders Cyprus economy yet again

London - Fitch Ratings has upgraded Cyprus’ long-term debt in foreign currency by one notch to ‘BB’, one upgrade short of an investment-grade rating,… Click here to read more.