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Tag: Cyprus Economy

Special measures in the economies of Belgium, the Netherlands and Sweden

Special measures in the economies of Belgium, the Netherlands and Sweden The Ministry of Finance of Belgium decided to introduce special economic measures in connection with the negative consequences of the coronavirus pandemic. First of all, the changes include the temporary abolition of fines for companies that have overdue taxes or paying mandatory payments late. […]

Renegotiating the Double Tax Treaty between Cyprus and Russia

Renegotiating the Double Tax Treaty between Cyprus and Russia The Minister of Foreign Affairs Mr Nicos Christodoulides had a telephone conversation with the Minister of Foreign Affairs of the Russian Federation Mr. Sergei Lavrov, discussing the bilateral economic relations between the two countries. In this context they exchanged views on the recent proposal of Russia […]

US TAX DAY 2020

The Internal Revenue Service and the US Treasury have decided to introduce certain benefits for businesses and individuals who are currently suffering from the COVID 19 pandemic. The changes also affected Tax Day. Traditionally, Tax Day is held in mid-April, but this year the date will be postponed to July 15. This is the deadline […]

The Effects Of COVID-19 Pandemic on Contractual Obligations

The Effects Of COVID-19 Pandemic on Contractual Obligations: Force Majeure and Doctrine of Frustration The current COVID-19 (coronavirus) pandemic, has legally and commercially affected many businesses that wish to be released from their contractual obligations, either attempting to seek termination and/or suspension and/or extension of their performance,  as a result of “force majeure” events. The […]

MEASURES TO ASSIST CORPORATIONS AFFECTED BY COVID-19

MEASURES TO ASSIST CORPORATIONS AFFECTED BY COVID-19 We would like to inform our Clients that due to the COVID-19 and its implications and in the context of the measures taken by the Government to support companies and businesses affected by the restrictive measures imposed to limit the spread of Coronavirus, the Registrar of Companies in […]

VAT reduction in Cyprus

VAT reduction in Cyprus Countries around the world are implementing emergency tax measures to support their debilitated economies during the coronavirus COVID-19 threat. In light of the business disruption caused by COVID-19, the Cyprus government has announced a number of measures to support the country’s economy. Finance Minister Constantinos Petrides has clarified that the temporary […]

Cyprus Investment Firm License

We are pleased to announce that our Law Firm, C. Hadjivangeli & Partners LLC, has successfully acted as Promoters to our Client’s Application for obtaining a Cyprus Investment Firm License and received CySEC’s pre-authorization. A Cyprus Investment Firm (CIF) is one of the most useful tools in the European Union and Internationally for the provision […]

Hadjivangeli & Partners continues to work!

Hadjivangeli & Partners continues to work! Due to the COVID-19 coronavirus pandemic, most countries impose a state of emergency and quarantine. The Hadjivangeli & Partners team, despite the severe global upheaval, continues its work. We do not stop accepting orders and always stay in touch. In case you are interested in any of our services, […]

Nicosia – the best European city of the future

Nicosia was recognized as the best European city of the future for human capital and lifestyle. Nicosia has been included in the “Top 10 Small European Cities of the Future by FDI Strategy”. This is a clear achievement of the investments attracted to the city. Total list covers 505 settlements, 319 cities and 148 regions. […]

REGISTRATION OF IT-BUSINESS. 5 COUNTRIES

REGISTRATION OF IT-BUSINESS. 5 MOST SUITABLE COUNTRIES Registration of IT-business is one of the most popular and sought-after requests in our time. Let’s look at which countries offer the most favorable conditions. USA Due to the developed economy, America has become a real “mecca” for the IT business. Almost 80% of the total world number […]

Cyprus Economy Is Growing

Cyprus Economy Is Growing The government is determined to continue its serious and responsible policy on the economy, said on Wednesday Cyprus’ Deputy Government Spokesman Panayiotis Sentonas. Sentonas made a statement that the economy of Cyprus continues to grow, and the government makes up for what citizens lost in difficult years. He added that the […]