Updates

Fast Track Business Activation Mechanism

The Fast Track Business Activation (FTBA) mechanism which has been approved by the Council of Ministers on the 3rd of September 2020, aims to provide fast and efficient services to companies that wish to establish presence or expand their operations in the Republic Cyprus. Under this new policy and as the name denotes, eligible companies...

GameStopping Wall St: a case of market manipulation?

‘GameStop’, a well-known retail company active in the field of electronics and games, has been dragging its feet for the last few years. After shutting down hundreds of shops globally, it’s stock on the NYSE has been flat for the last couple of years ranging well below $10. However, January 11th marked the commencement...

Book Presentation by Marios Hartsiotis & Co LLC

The 5th of October 2020 was a very special day for our firm which hosted the presentation of its Founder’s first book, titled «Ανδρέας Χαρτσιώτης – Οικοδομώντας την Κυπριακή Ασφάλιση» (“Andreas Hartsiotis – Establishing Cyprus Insurance”). The event took place at Hilton Nicosia in the presence of a limited number of esteemed guests. Published by...

Cyprus Investment Programme

IMPORTANT NOTICE: On the 13th of October 2020, the Council of Ministers has decided to suspend the Cyprus Investment Programme with effect from the 1st of November 2020 and until further notice. Any pending applications or applications filed by the 30th of October 2020 will be processed as per the relevant procedures. ______________________________________________________________________________ On the 18st...

Humanitarian Aid to Beirut, Lebanon

In response to the latest events in Beirut, Lebanon, Marios Hartsiotis & Co LLC along with Excellentio Audit Ltd launched a joint initiative to collect food supplies and contribute in the campaign to tackle the ongoing humanitarian crisis in the war-torn neighbouring country. We invited our personnel along with our dearest colleagues, associates, clients...

The long-awaited amendments to the Trademark Law are here!

Last Friday, June 12th, 2020, an amending law was published in the official Gazette of the Republic of Cyprus, pursuant to which many provisions of the Trademarks Law (Cap. 268), have been updated or replaced, thus bringing the national trademark legislation in line the EU Directive 2015/2436 as well as the EU Regulation 2017/1001....

Immigration Permit for non-EU nationals

*Updated 4/4/2016   In February 2016, the Ministry of Interior of the Republic of Cyprus revised the criteria for granting Immigration Permit, in the context of the new procedure to applicants from third countries (i.e. non-EU countries) who invest in Cyprus. This procedure takes approximately two months and if the application is approved, the permit is...

Investment Incentives Greece

LEGISLATIVE NEWS & UPDATE IN IMMIGRATION LAW IN GREECE Unique opportunity for Investors:  Buy property in Greece & get a 5 year Residence Permit in Greece and in Europe The Greek government within the framework of inducing investment in Greece enacted into law (Law 4146/2013) the optional acquisition of a residence permit in Greece via the purchase...