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

Αγαπητοί συνεργάτες, Λόγω των συνθηκών εκτάκτου ανάγκης που έχουν δημιουργηθεί από την πανδημία του κορωνοϊού (COVID-19) είναι δεδομένος ο επηρεασμός εκτέλεσης συμβατικών υποχρεώσεων στις δημόσιες συμβάσεις. Συνεπεία αυτού εκδόθηκε κοινή ανακοίνωση του Γενικού Λογιστηρίου και του Υπουργείου Οικονομικών βάσει της οποίας: Η υφιστάμενη κατάσταση, την οποία έχει προκαλέσει η εξάπλωση του κορωνοϊού COVID-19, θεωρείται λόγος...Read More

Dear associates, As a consequence of the spread of the novel coronavirus (COVID-19) which has been held to constitute a pandemic, the performance of contractual obligations may become materially impossible or onerous for one or more of the parties. Although the common law doctrine of frustration is relevant to the current pandemic, in Cyprus the...Read More