After a prolonged and eventful negotiation process between the European Commission and the Republic of Cyprus, the green light has been given to enforce revised requirements in the VAT law.
On 16th December 2022, a new law was published in the Official Gazette of the Republic of Cyprus, introducing significant changes to the country’s labor legislation.
Cyprus has recently taken a significant step towards promoting transparency and predictability in the workplace by enacting the Transparent and Predictable Working Conditions Law of 2023 N.25(I)/2023, commonly referred to as the “Law.”