The Migration Department of the Deputy Ministry of Migration and International Protection launched officially the EU Blue Card application process on Monday, July 7th, 2025. The EU Blue Card is a residence permit that allows highly qualified employees from countries outside the EU and the European Economic Area (EEA) to... read more →
Jul
08
Feb
10
1. REGULATION 6 (2) – fast track In pursuance of the 4th revision of the provisions of Regulation 6 (2) of the Aliens and Immigration Regulations which came into force as of 2 May 2023, a non-EU citizen may apply for permanent residency, provided that he/she meets the relevant requirements.... read more →
Mar
24
On 23 February 2021, the EU Directive 2018/843 (THE “5th Anti-Money Laundering Directive”) according to which EU Member States are required to launch publicly accessible registers of beneficial ownership of companies, was transposed into Cyprus legislation through the Prevention and Suppression of Money Laundering Activities Laws of 2017-2021 (the “Law”).... read more →
Nov
12
Pursuant to legislative amendments to the Cyprus Companies Law, Cap. 113 (“the Law”) coming into force on 18.12.2019, the Registrar of Companies and Official Receiver will impose new administrative fines for the late submission of the following filings: Company’s annual report (HE32) Any annual report accompanied by the audited financial... read more →
Aug
30
Korelis & Co. LLC welcomes Christina Kotsapa as Partner at the Litigation and Dispute Resolution Department of the firm as of 1st August 2018. Christina Kotsapa has had 14 years of litigation practice with a particular emphasis on civil fraud actions, company/joint venture disputes, insolvency issues and merger control cases.... read more →