Online Scams – Falling Victim – How to Prevent Yourself From Part 3 This is part three of our four-part article series on online scam/fraud prevention and information. In this article we focus on scams involving Banks/Financial Institutions as well as attempts through phishing emails. Online scams involving Banks/Financial Institution are very dangerous because once […]
Traffic Light Cameras Operation in Nicosia The first Traffic Light Cameras in Nicosia are install and began to operate. Further, this in an attempt to protect and improve the level of road safety on the roads of Cyprus. However, there has been a huge percentage of road collisions in the last 5 years. From now […]
Scam – How to Prevent Yourself From Falling Victim Online – Part 2 The Refund Scam Continuing our four-part article series on online fraud/scam prevention and information, with the popular Refund Scam. This scam typically starts just like the “Tech Support Scam”. Also, involves the “right” of the victim to receive a refund. The victim […]
Victim to Online Scams – How to Prevent Yourself From Falling Online scams can define as fraudulent acts by cybercriminals on the internet. Also, that target financial gain through defrauding unsuspecting Victim to Online Scams. Also, it is responsible for consumer loses up to £2.3bn in the United Kingdom during 2020. Online scamming has also […]
Central Bank of Cyprus – Letter of the Governor regarding the completion of loan restructuring applications According to the announcement and letter dated 30/09/2021 of the Governor of the Central Bank of Cyprus, Mr. Constantinos Herodotou. Further, he requests the Authorized Credit Institutions, as well as the Credit Acquisition Companies. Also, this to assist in […]
Foreign Interest Company and Fast Track Mechanism On 3rd of September 2020, the Council of Ministers of the Republic of Cyprus approve the creation of the Fast Track Business Activation Mechanism (“FTBA”). This for Foreign Interest Company. The purpose of the enactment of this mechanism. Further, this in conjunction with amendments to the immigration legislation […]
Elevators (Communal Expenses and Non – Payers) Firstly, under The Immovable Property (Tenure, Registration and Valuation) (Amendment) Law of 1993 for elevators – 6(1) of 1993. Also, section 38K (hereinafter referred to as “The law”), common expenses should share between all owners. Further, hence it is an obligation of every owner to participate in the […]
Invest in Cyprus – Why should you? Republic of Cyprus is a strategic position for clients who work in Europe. Further, the Middle East, its excellent climate to invest in Cyprus. Also, well-developed infrastructure. Further, highly skilled workforce are just some of the advantages. Those have made the Republic of Cyprus a major business center. […]
Work In Cyprus – Third Country Nationals Many Foreigners who wish to move to Cyprus wish to know, can Third Country Nationals work in Cyprus? The Labour Department is responsible for applications from Employers. This to employ Third Country Nationals for short term needs (1-2 years). Also, provide that Cypriot or European citizens do not […]
Card Payments and Online Payments – Acceptance is mandatory by the law Under the scope of the Assessment and Collection of Taxes Laws of 1978 to (No 3) of 2021. On 18 June 2021 the new Decree establishing the requirement to accept card payments. Also, in electronic forms has issue (Issue No. 5548). Which businesses […]