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International Magazine ranks ServPRO in the Top 10 Best Corporate Service Providers in the Middle East

News

31 May, 2023

International Magazine ranks ServPRO in the Top 10 Best Corporate Service Providers in the Middle East

ServPRO has been ranked among the Top 10 Best Corporate Service Providers in the Middle East by a prestigious international magazine. The recognition highlights the firm’s commitment to excellence, client-focused solutions, and comprehensive professional services for businesses and international investors.

ServPRO joins Forbes Middle East Women’s Summit in Saudi Arabia

News

18 May, 2023

ServPRO joins Forbes Middle East Women’s Summit in Saudi Arabia

ServPRO participated in the Forbes Middle East Women’s Summit 2023 held in Riyadh, Saudi Arabia, bringing together influential leaders and supporters of female entrepreneurship and leadership across the Middle East. The summit focused on industries including business, technology, healthcare, fashion, beauty and tourism, while promoting women’s voices, achievements and opportunities for growth and collaboration.

Professional Services Spotlight: Outsourced Chief Financial Officer (CFO) by ServPRO

News

20 Apr, 2023

Professional Services Spotlight: Outsourced Chief Financial Officer (CFO) by ServPRO

ServPRO’s outsourced CFO services provide businesses with expert financial leadership, strategic planning, budgeting, forecasting, and financial reporting without the cost of a full-time in-house CFO. The service supports sustainable business growth, profitability, and long-term success.

Cyprus: a global business centre, a growing tech hub.

News

09 Mar, 2023

Cyprus: a global business centre, a growing tech hub.

Cyprus continues to strengthen its position as a global business centre and rapidly growing technology hub, attracting international businesses, investors and entrepreneurs. ServPRO’s latest brochure highlights the key advantages of establishing operations in Cyprus, including its transparent tax system, Business Facilitation Unit (BFU), relocation opportunities, digital nomad visa programme, investment prospects and expanding innovation ecosystem.

Tax For All (TFA) portal progresses Cyprus ahead

News

23 Feb, 2023

Tax For All (TFA) portal progresses Cyprus ahead

Cyprus is advancing its digital tax transformation through the Tax For All (TFA) portal, a new integrated tax administration system that consolidates tax services into a single user-friendly platform. The system enhances efficiency, transparency, electronic filings, payments, and taxpayer management for individuals and businesses alike.

Our 23 highlights to start the year 2023!

News

02 Feb, 2023

Our 23 highlights to start the year 2023!

ServPRO presents 23 important business highlights for 2023 covering Cyprus, the European Union and international developments relevant to businesses, investors and entrepreneurs. The highlights include tax incentives, intellectual property opportunities, corporate compliance updates, innovation and R&D benefits, digital nomad visas, business relocation advantages, investment insights and Cyprus’ growing role as an international business and technology hub.

Final Call: Register your Patent and save up to €750! Empowering Businesses through the EUIPO’s SME Fund 2022

News

08 Dec, 2022

Final Call: Register your Patent and save up to €750! Empowering Businesses through the EUIPO’s SME Fund 2022

The EUIPO’s Ideas Powered for Business SME Fund 2022 offers eligible EU-based SMEs the opportunity to receive up to €750 reimbursement for patent registration fees at national level. The initiative supports businesses in protecting their intellectual property rights by covering eligible patent filing, examination, grant and publication costs. ServPRO assists businesses throughout the application and reimbursement process to maximise the benefits available under the EUIPO SME Fund.

Cyprus Registrar of Companies suspends public access to the UBO Register

News

01 Dec, 2022

Cyprus Registrar of Companies suspends public access to the UBO Register

The Department of Registrar of Companies and Intellectual Property (DRCIP) of Cyprus announced the suspension of public access to the UBO Register following the landmark Court of Justice of the European Union (CJEU) ruling issued in November 2022. While public access has been restricted, competent authorities and obliged entities may still access UBO information under specific compliance procedures, and companies remain obligated to submit and update beneficial ownership information in accordance with applicable legislation.

CJEU issues landmark ruling invalidating public access to UBO Registers across the EU

News

24 Nov, 2022

CJEU issues landmark ruling invalidating public access to UBO Registers across the EU

The Court of Justice of the European Union (CJEU) issued a landmark ruling invalidating public access to Ultimate Beneficial Ownership (UBO) Registers across the EU, finding that unrestricted access disproportionately interferes with the rights to privacy and personal data protection. The judgment is expected to significantly impact AML and corporate transparency legislation across EU Member States, including Cyprus, while shaping future amendments to EU anti-money laundering directives and beneficial ownership disclosure frameworks.

ServPRO joins Cyprus’ Business Delegation to Israel: Spotlight on Investments, ICT, Shipping & Professional Services industries

News

10 Nov, 2022

ServPRO joins Cyprus’ Business Delegation to Israel: Spotlight on Investments, ICT, Shipping & Professional Services industries

ServPRO participated in the Cyprus–Israel Business Forum 2022 in Tel Aviv as part of an official business delegation organised by the Cyprus Chamber of Commerce and Industry. The event brought together key sectors including ICT, investments, shipping, and professional services, providing valuable networking and partnership opportunities.

Tax Exemptions for Employment Income to attract Foreign Talent to Cyprus

News

27 Oct, 2022

Tax Exemptions for Employment Income to attract Foreign Talent to Cyprus

Cyprus has introduced tax incentives under the Income Tax Law to attract foreign professionals through the concept of “first employment.” Eligible individuals may benefit from a 20% tax exemption for up to seven years or a 50% exemption for up to seventeen years, subject to specific residency and income conditions. These measures are part of Cyprus’ strategic Action Plan 2022–2024 to enhance its competitiveness as an international business and employment hub.

Action Plan for Companies to Operate & Expand their Activities in Cyprus 2022-24: A Year in Review

News

20 Oct, 2022

Action Plan for Companies to Operate & Expand their Activities in Cyprus 2022-24: A Year in Review

One year after the launch of Cyprus’ Action Plan 2022-2024, the country continues strengthening its position as an international business and headquartering destination. The initiative includes the Business Facilitation Unit (BFU), simplified employment and immigration procedures, Digital Nomad Visas, tax incentives for businesses and employees, support for innovation and R&D, and strategic reforms designed to attract foreign investment and international companies to Cyprus.