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The Department of the Registrar of Companies and Intellectual Property (DRCIP) informs that all companies incorporated or registered under the Companies Law, Cap. 113, all European Public Limited Companies (SEs), and all Partnerships (hereinafter referred to as “Organizations”), are required to access the Beneficial Ownership Resister (BOR) system between 1st October 2025 and 31st December 2025, in order to proceed with the confirmation of the details of their Beneficial Owners (BOs) or Senior Management Officials (SMOs) or to apply due diligence (as applicable in each case). Please note that failure to complete the confirmation of information in the BOR system by 31st December 2025, regardless of any criminal liability or

English Version Follows. Το Τμήμα Φορολογίας ενημερώνει ότι, από την Παρασκευή 22/08/2025, με την επαναλειτουργία του συστήματος TFA, η υποβολή της Δήλωσης ΤΦ7 και η πληρωμή της παρακράτησης φόρου και εισφορών θα γίνονται αποκλειστικά μέσω του TFA. Ετήσια Δήλωση ΤΦ7 (έτος 2024) Προθεσμία υποβολής: 31/12/2025 Δεν απαιτείται Αριθμός Φορολογικής Ταυτότητας (ΑΦΤ) για κάθε εργοδοτούμενο. Μηνιαίες Δηλώσεις ΤΦ7 (έτος 2025) Η υποβολή όλων των μηνιαίων Δηλώσεων ΤΦ7 για το 2025 είναι υποχρεωτική από Ιανουάριο 2025, ακόμη και για μήνες που έχουν ήδη πληρωθεί μέσω του Tax Portal. Απαιτείται Αριθμός Φορολογικής Ταυτότητας (ΑΦΤ) για κάθε εργοδοτούμενο. Προθεσμίες υποβολής μηνιαίων Δηλώσεων ΤΦ7 (έτος

Trusts are widely used for the protection of assets. Cyprus introduced a competitive international trusts regime back in 1992 which was further amended in 2012.  Qualifications for Cyprus International Trusts (CITs)   Minimum of the trustee who must be a Cyprus tax resident for the whole duration of the trust Settlor must not be a tax resident of Cyprus during the year preceding the year in which the trust is formed  Beneficiaries must not be tax residents of Cyprus during the year preceding the year in which the trust is formed  Trust property can include all kinds of assets situated anywhere

Your Gateway to Europe through CyprusThe EU Blue Card is an employment-based residence permit designed to attract highly skilled professionals from outside the EU. It offers a streamlined pathway to live and work in Europe, particularly in industries facing talent shortages. With the exception of Denmark and Ireland, the Blue Card is accepted across the EU. Cyprus Joins the EU Blue Card FrameworkIn a strategic move to strengthen its competitiveness, Cyprus transposed Directive (EU) 2021/1883 into national law on 11 July 2024. This development opens new opportunities for skilled professionals—especially in sectors such as ICT, finance, and innovation—to live and

Reflect festival took place on the 15th and 16th of May in Limassol. It was an incredible opportunity for Highworth team to connect with visionaries, tech founders, investors, and change-makers from across the region. Together, we explored bold ideas, breakthrough innovations, and the future of business in an inspiring and dynamic environment.  Reflect Festival continues to be a catalyst for forward-thinking conversations, and we’re proud to have been part of it.

We are happy that Highworth attended to PowerX summit Beirut 13 and 14 of May 2025 powered by Berytech and met with very interesting people with innovative ideas and businesses. We are happy to be a part of your dreams, and business aspirations… throughout our experience and knowhow. Akis Kourouzides Christos Neophytou

It was an absolute honour for Highworth Cyprus to be part of the AUB Innovation Park Demo Day 2025! Our presence at this inspiring event is more than just a moment—it’s a reflection of a growing partnership between Cyprus and Lebanon. We’re proud to be mentors in the AUB mentorship program, supporting brilliant founders and innovative startups who are shaping the future. But truthfully, we’re learning just as much as we’re giving—growing not only in the entrepreneurial spirit, but in a shared sense of brotherhood and collaboration. Cyprus and Lebanon have always been close—not just geographically, but culturally and in

What is the “Cyprus digital nomad visa”The “Cyprus Digital Nomad Visa” Scheme allows nationals from non-EU and non-EEA countries, who can perform their work location-independently using telecommunications technology, to reside temporarily in Cyprus and work for an employer registered abroad or perform work through telecommunications technology for companies or clients located abroad.The Scheme’s goal is to strengthen Cyprus as a center for the provision of electronic services, where in combination with the other advantages offered by Cyprus, the attraction of digital nomads will contribute to the development of the business ecosystem and consequently to the economic development of the country.

IP Box Regime (known also as a patent box, innovation box or IP Box) is a corporate tax regime used by many countries to incentivize research and development activities by taxing revenues deriving from licenses, royalties, patents, sale or transfer of qualified ip assets dierently oering lower taxes compared to other commercial revenues. DISCOVER THE ADVANTAGE OF THE CYPRUS IP BOX REGIME The Cyprus IP Box Regime oers significant tax benefits for businesses that exploit Intellectual property (IP) assets. Here is a quick overview of the key advantages: 80% exemption on qualified profit from IP assets 0% tax on gains