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Amendments To Law 87(I)/2026 - Strengthening Of The Framework For The Out-of-Court Resolution Of Financial Disputes
Cyprus introduces significant reforms to its out-of-court financial dispute resolution framework through Law 87(I)/2026, establishing binding decisions by the Financial Ombudsman for monetary compensations up to €20,000. The amendments strengthen debtor protections during mortgaged property disposal procedures while maintaining judicial review rights and introducing new timelines for complaint submissions and debt restructuring negotiations.
Cyprus Litigation
GZ
George Z. Georgiou & Associates LLC
Article
Οι Τροποποιήσεις Του Ν. 87(Ι)/2026 Και Η Ενίσχυση Του Πλαισίου Εξώδικης Επίλυσης Χρηματοοικονομικών Διαφορών
Την 1η Ιουνίου 2026 τέθηκαν σε ισχύ οι τροποποιήσεις του Νόμου 87(Ι)/2026 του περί της Σύστασης και Λειτουργίας του Ενιαίου Φορέα Εξώδικης Επίλυσης Διαφορών Χρηματοοικονομικής Φύσεως Νόμου.
Cyprus Litigation
GZ
George Z. Georgiou & Associates LLC
Video
3% Tax On Your Software & IP Income? The Cyprus IP Box Explained (Video)
Did you know Cyprus lets you pay an effective tax rate of just 3% on qualifying intellectual property income? Kyriakos Tramountanellis FCA explains how the Cyprus IP Box regime works: 80% of qualifying profits from patents and copyrighted software are deducted, so you are taxed on only 20% — one of the most competitive, fully OECD-compliant IP regimes in Europe. If you develop software, own patents, or earn royalty income, this could transform your tax position.
Cyprus IP
CA
CYAUSE Audit Services Ltd
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