Tax Breaks: Cyprus Woos Talent and Foreign Companies with 50% Income Tax Rate

The Cyprus Tax Department announced today that a new law (50% income tax rate) granting income tax exemptions to non-residents of Cyprus has been enacted. The law, which has retroactive effect from January 1, 2022, will apply to personal income tax declarations for the year 2022 onwards. To facilitate the process, the Tax Department will […]

Attracting and Retaining Top Talent: The Key to Recruitment Agency Success

Attracting and Retaining Top Talent: The Key to Recruitment Agency

Having founded a few recruitment teams in my career, I’ve come to realize that when setting up a recruitment agency, creating value becomes paramount to achieve size and scale. However, one of the most critical factors that significantly influence the growth potential of a recruitment agency is the ability to attract and retain top talent […]

How Can I Get a Working Permit in Cyprus?

If you are planning to work in Cyprus, whether you are an EU national/resident or a non-EU citizen, there are certain procedures and requirements you need to fulfil to obtain a work permit. Here is an overview of the process: 1. EU Nationals/Residents Moving to Cyprus: 2. Non-EU Citizens or Nationals: Following the UK’s exit […]

The Job Market in Cyprus: A Comprehensive Guide to Finding Employment

Cyprus, with its vibrant job market and attractive opportunities, has become a sought-after destination for professionals from around the world. Whether you are a local resident or a foreigner looking to work in Cyprus, understanding the intricacies of the job search process is crucial for success. When it comes to job hunting in Cyprus, understanding […]