A reading of what CySEC actually examines in the technology functions of Cyprus Investment Firms — written for the CTOs, COOs, and compliance officers preparing for the next thematic review or onsite inspection. Cyprus hosts one of the EU’s largest populations of authorised investment firms — particularly retail FX, CFD, and asset management — and …
If your company develops software in Cyprus and pays full corporate tax on the income it generates, there is a strong chance you are leaving money on the table. Cyprus operates an IP Box regime that can reduce the effective tax on qualifying intellectual-property income to roughly 2.5 to 3 per cent. For a software …
It is a conversation that happens often in Cyprus software businesses. The accountant says: “We can claim the IP Box on your software income — but I need you to sort out the technical side.” Then there is a pause, because nobody is quite sure what the technical side actually is. The accountant cannot produce …
A steady stream of international software businesses are establishing genuine development operations in Cyprus, and the reasons are easy to see. Cyprus is an EU member state with one of the lower corporate tax rates in the bloc, an IP Box regime that can bring the effective tax on qualifying software income down to roughly …
MiCA — the EU Markets in Crypto-Assets Regulation — is now the single framework governing crypto-asset services across the European Union, and its transitional arrangements have closed. For crypto-asset businesses operating from Cyprus, the regime is no longer something coming; it is the standard they are held to now. Much of the public attention has …
If your business is regulated by CySEC — the Cyprus Securities and Exchange Commission — technology is no longer something the regulator leaves to your IT team. CySEC-regulated firms now face real expectations around how they manage technology, security, resilience and their reliance on third parties. For many Cyprus firms, this is a relatively recent …
Cyprus has become a real hub for fintech and financial-services businesses, drawn by its EU access, its regulatory framework and its talent. For these firms, success or failure rarely turns on the idea alone — it turns on a handful of technology decisions, most of them made early, often before anyone is thinking about scale. …
Cyprus is one of the world’s major shipping centres — a concentration of shipowners, managers and maritime-services firms that anchors a significant part of the island’s economy. It is also a sector where technology has often grown up piecemeal: long-established businesses running a patchwork of systems accumulated over decades, increasingly under pressure from new commercial, …
A Cyprus business expanding into the wider EU is taking on more than new markets. It is taking on new technology obligations, new scale, and new scrutiny — most of which arrive quietly and are discovered only when they bite. Businesses that handle the transition well treat technology as part of the expansion plan from …
A regulated financial business carries technology risk in ways an ordinary business does not. The same system failure that would be an inconvenience for a normal company can be a regulatory breach, a reportable incident, or a threat to authorisation for a financial firm. For Cyprus financial services businesses — and the island has many …