The International Economic Relations Directorate of the Greek Ministry of Finance issued a decision on the 31st March 2016 (and further decisions dated 28th January 2019 and 4th April 2019), clarifying specific provisions of the Double Tax Treaty between Greece and Cyprus with regards to the availability of tax credits for foreign taxes suffered. As...Read More

Cyprus continues to surface as one of the top EU investment fund centers. With the transposition of the Alternative Investment Fund Managers Directive in 2013, the enactment of the Alternative Investment Funds Law in 2014, the transposition of UCITS V in 2016 and the upgrade of the Alternative Investment Funds Law in 2018, the legislative...Read More

If you have been thinking about retiring abroad, you have surely been considering what your dream destination would look like. A warm weather, 65 blue flag beaches, low crime rates, a general health system, high quality infrastructure and services are just a glimpse of what Cyprus has to offer to pensioners. All these, matched with...Read More

The Greek Parliament has implemented the Tax Bill 4646/12.12.2019, introducing significant amendments related to the Greek Tax system.  By virtue of this Law, triggered are segments of the Greek Taxation, significant for both individuals and legal persons and amended are few Legal Acts, namely the Income Tax Code (ITC), the Tax Procedures Code (TPC), the...Read More

As the situation with COVID-19 is evolving rapidly, please be informed that Fidescorp remains operational and continue to serve our clients and assist them in this difficult period. Our priority is to keep our people as well as your people safe so we have taken a number of measures to reflect the developing circumstances: •...Read More

Fidescorp is proud to have been voted as the Best Boutique Business Advisory Firm in Cyprus for 2019, awarded by the International Investor Magazine. This is a huge success for our firm and a recognition of the quality of services offered to our international clientele.Read More

As per the recent decision of the Council of Ministers, dated  the 13th of February 2019, the Cyprus Investment Program has been amended as follows: Amendments on the Financial Criteria In addition to the existing investment parameters, the applicant must have made the following donations:  €75.000 to the Cyprus Land Development Foundation; &  €75.000 to...Read More

Fidescorp’s Managing Director, Savvas Poyiadjis was a panel speaker at the 2018 Beirut International Property Fair –Read More

The EU General Data Protection Regulation (GDPR) replaces the Data Protection Directive 95/46/EC and was designed to harmonize data privacy laws across Europe, to protect and empower all EU citizens data privacy and to reshape the way organizations across the region approach data privacy.Read More

In April 2018, the IMF issued a Concluding Statement after the second post-program monitoring mission, taking note of the rapid pace of Cyprus’ economic expansion, noting that the coutnry’s GDP is projected to grow by 4–4,25% during 2018 – 2019 underpinned by a pipeline of mainly foreign-funded, large construction projects,Read More