EMPLOYMENT LAW & EU REGULATION Salary secrecy has been a quiet convention in most Cypriot workplaces. That convention is about to face direct legislative pressure. The EU Pay Transparency Directive, adopted at the European level and now awaiting transposition into national law, will fundamentally alter how employers communicate, report on, and justify remuneration across their...Read More
TAX INCENTIVES & EMPLOYMENT For years, brain drain has been one of Cyprus’s quieter economic challenges. Skilled professionals, many of them educated here, built careers abroad, and relatively few returned. A newly enacted tax incentive, in force since 6 March 2026, reflects a deliberate policy decision to change that. The measure, introduced under Article 8(21B)...Read More
REAL ESTATE & PROPERTY LAW Cyprus has long positioned itself as one of the more welcoming European jurisdictions for foreign real estate buyers. That openness is now being scrutinised, and the legislative framework that has governed foreign acquisitions for decades is on the verge of significant revision. A package of proposed amendments, currently moving through...Read More