In a decisive move to enhance administrative efficiency, Cyprus’ Ministry of Interior has embarked on a transformative initiative set to overhaul the Department of Lands and Surveys (DLS) by 2026. This comprehensive reform aims to modernize procedures, simplify basic services, and promote transparent, sustainable real estate management.

Reimagining Real Estate Management

Interior Minister Constantinos Ioannou underlined the government’s objective to rationalize land administration practices. Central to this effort is a restructured method for calculating transfer fees. Traditionally determined by comparative sales, the existing model often led to discrepancies and disputes. The proposed shift to basing fees on declared prices, consistent with taxation standards, is expected to foster greater transparency and provide early cost certainty for buyers, while still allowing for market assessments when necessary.

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Embracing Digital Transformation

The reform strategy also includes a robust digitalization plan. Approximately 150 forms used by the Land Registry will be redesigned and incrementally transitioned to an online platform. Accompanied by detailed guides and standardized templates for essential documents, such as powers of attorney and inheritance certificates, this digital push is designed to reduce bureaucratic delays, lower operational costs, and lessen the administrative burden on both citizens and staff.

Resolving Long-Standing System Challenges

Addressing historical inefficiencies is a key component of the reform. The longstanding backlog related to co-owned indivisible properties and right-of-way applications—where nearly 1,700 cases remain unresolved—will be targeted with new procedures. Initiatives include establishing a unified auction system, revising payment terms, and creating specialized teams for access requests to accelerate processing times and support real estate development.

Enhancing State Land Oversight

Parallel legislative efforts aim to modernize state land management, introducing clearer leasing criteria, stricter regulatory oversight, and potentially competitive bidding for leases. This initiative is designed to ensure that state properties are leased under fair market conditions, safeguarded against underpriced allocations, and managed with enhanced transparency.

Collectively, these reforms are set to redefine the operational landscape of Cyprus’ land administration, ensuring that modern, streamlined, and transparent practices underpin critical government services.

Nicosia’s Transformation On The Rise

Nicosia is on track to experience its most significant hotel expansion in years, with several high-profile projects poised to more than double the city’s lodging capacity by 2027. Currently home to 12 hotels offering approximately 670 rooms and 1,300 beds, the capital’s portfolio includes Hilton’s five-star flagship (Hilton), a recognized symbol of luxury.

Revitalizing The City Center

The momentum is shifting. As reported by Politis, seasoned investors are getting involved while historic buildings are being repurposed into modern accommodations for the first time in decades. The Landmark facility, for example, is under conversion into a Marriott property (Marriott), adding 265 rooms and 18 suites to the market. Meanwhile, Thanos Hotels has reinvigorated interest with its intimate, ten-room Amyth boutique hotel in the walled city.

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Restoration Meets Modern Investment

On Makariou Avenue, significant redevelopment is underway. The former Laiki Bank headquarters, a long-dormant site, is being transformed by the Israeli-backed Fattal Group (Fattal Hotel Group) into a 168-bed hotel. In a similar vein, the historic Anastasiades Clinic is undergoing a complete overhaul to reopen as a 70-room boutique establishment. Completion, although delayed by the pandemic, is nearing for the Maralia Hotel on Omirou Street, which is set to open with 40 rooms in 2026.

Strategic Urban Renewal

Nicosia Mayor Charalambos Prountzos has highlighted a broader vision for the city. In addition to the burgeoning hospitality scene, the capital is seeing a resurgence of permanent residents within the city center, spurred by a dozen major residential initiatives. According to Prountzos, tourism development is a critical catalyst for breathing new life into the urban core.

Infrastructure And Commercial Evolution

Looking ahead, the municipality has greenlighted a €13 million project to restore facades along Ledra and Onasagorou, setting the stage for a comprehensive upgrade of underlying infrastructure, from sewage to electrical systems. Enhanced pedestrian zones featuring improved paving, accessibility measures, and increased greenery are planned to redefine the area’s urban experience. Plans extend to Eleftherias Square as well, with proposals for natural shading and upgraded visitor amenities.

Future Challenges And Opportunities

Mayor Prountzos is also focused on addressing commercial challenges, emphasizing that while improving vehicle access to Makariou Avenue is important, high rental costs remain a fundamental barrier. He plans to engage with property owners to explore solutions that balance commercial viability with the avenue’s historic charm. A recent qualitative survey indicates that visitors to the city center are increasingly seeking an affordable and diverse retail mix, a trend that must inform future developments.

A New Era For Nicosia

The convergence of renewed tourism, modern hospitality developments, and a revitalized urban environment marks a turning point for Nicosia. With a blend of new investments and infrastructure projects, the city is poised to rewrite its narrative, casting itself as a dynamic destination for both travelers and longtime residents.

Meta has introduced a sophisticated mobile tool designed to help creators protect their original reels from unauthorized use. This new feature, part of Meta’s ongoing commitment to support genuine content creators, automatically monitors for duplicate content across Facebook and Instagram, ensuring the rights of innovators are preserved.

How the System Works

The tool leverages the same matching technology as Meta’s Rights Manager to identify unauthorized reproductions of original reels. Creators receive notifications—integrated within their Feed, Professional Dashboard, and profile—when a match is detected. Upon alert, they have the option to block the reel’s visibility on both platforms, track its performance metrics, or add attribution links that reinforce their ownership.

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Flexible Control and Attribution Options

In addition to blocking content, creators can opt to release their claim, thus keeping the reel visible. The tool also empowers creators who have authorized specific accounts to republish their content by enabling an “allow list”. This option prevents pre-approved duplicates from being flagged automatically. Moreover, creators can choose to add attribution links that label a reel as “original” while linking back to their profile or the original content, further strengthening their brand identity.

Program Eligibility and Rollout

Meta is initially providing this feature within its Facebook Content Monetization program and to creators who use Rights Manager. Eligible content creators can access the tool directly through their Professional Dashboard under the “Content Protection” section or by applying via Facebook’s website.

Balancing Protection and Fair Use

While the new system minimizes unauthorized distribution by lowering the visibility of flagged reels, Meta has made it clear that the tool is not intended to penalize accounts outright. Instead, it seeks to prevent misuse of creators’ content without enabling targeted abuse of the protection features. Creators who mistakenly file false reports could face restrictions on their own accounts, ensuring that the system is used responsibly.

A Forward-Looking Approach

Currently available on mobile, Meta is testing an expansion to include the Professional Dashboard on desktop, further boosting awareness and ease of management for content creators. This initiative is another strategic move by Meta, following its recent actions against impersonation and spam, to create a more secure and supportive ecosystem for original digital content.

By providing robust tools for copyright enforcement, Meta is reinforcing its commitment to safeguarding creativity, ultimately encouraging more creators to share their work with confidence.

Google is set to transform the travel planning landscape with a new suite of AI-driven enhancements designed to simplify booking and itinerary management. The tech giant, whose innovations can be tracked at Google, is extending the capabilities of its Flight Deals tool and introducing advanced features in AI Mode, including the versatile Canvas tool.

Global Expansion of Flight Deals

Originally launched in select markets such as the U.S., Canada, and India, Google’s Flight Deals tool is now available in over 200 countries and territories worldwide, including key markets like the U.K., France, Germany, Mexico, Brazil, Indonesia, Japan, and Korea. Supporting more than 60 languages, this AI-powered function allows users to input their travel parameters—destination, dates, and preferences—and swiftly obtain a curated list of economical flight options. By leveraging real-time data from Google Flights, airlines’ schedules, and pricing details, Google offers travelers an efficient way to secure the best travel deals.

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Canvas Transforms Travel Itinerary Planning

Building on its innovative Canvas tool, which was initially designed for organizing study plans and managing information across browsing sessions, Google now repurposes the feature to enhance travel planning. Users entering AI Mode can activate the “Create With Canvas” option, prompting the tool to generate a comprehensive travel plan within a side panel. This dynamic plan aggregates live search results for flights, hotels, and even integrates contextual data from Google Maps, such as photos, reviews, and nearby amenities. The result is a powerful decision-making hub where travelers can compare hotels based on pricing and amenities, and even explore recommendations for dining and local attractions.

Enhanced Agentic Booking Capabilities

Augmenting its suite of AI functionalities, Google is also broadening its agentic booking capabilities. Previously available only to select users in an experimental phase, these features now enable a wider audience in the U.S. to leverage AI Mode for booking reservations. Whether it’s securing dinner reservations based on party size, preferred cuisine, or checking real-time availability across multiple platforms, the system is engineered to deliver a tailored and efficient booking experience. Looking ahead, Google plans to integrate direct booking options for flights and hotels within the AI Mode, allowing users to compare schedules, prices, room details, and vibrant visuals before finalizing their travel plans.

This strategic expansion highlights Google’s ongoing commitment to utilizing artificial intelligence to simplify complex consumer tasks, making it an indispensable tool in today’s fast-paced travel industry.

Cyprus is witnessing a transformative period in both irregular and legal migration. Shaped by geopolitical events and economic demands, the island nation continues to attract thousands of foreign nationals. Whether responding to regional conflicts or filling crucial labor gaps, migration now serves as a vital engine for societal support—from nurturing children and caring for the elderly to offering refuge from conflict zones.

Enhancing Legal Channels to Counter Irregular Flows

According to Minister of Migration Policy and International Protection Nikolas Ioannidis, a robust legal migration framework is pivotal in curbing the adverse consequences of irregular flows and human trafficking. In his recent interview with a leading news outlet, Ioannidis underscored that creating transparent, reliable, and efficient migration channels not only deters reliance on illicit networks but also allows law enforcement to more effectively target criminal activities. This methodical approach, which includes strict penalties and, ultimately, repatriation for non-compliance, reinforces both state authority and national safety.

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Driving Economic Growth Through Targeted Immigration Policies

The Government’s strategy in line with the Ministry of Migration and International Protection, elevates migration as a developmental tool. Rather than being considered a mere administrative concern, structured migration is now seen as a catalyst for economic progress. The regulated admission of workers and students—supported by initiatives like the European Blue Card and the Digital Nomads Program—addresses labor shortages, attracts international talent and investments, and bolsters productivity. This system not only mitigates the risks posed by irregular migration but it also offers a secure framework for long-term economic planning.

Digital Modernization and Process Transparency

Modernizing and digitizing governmental services has further streamlined migration management. By reducing bureaucracy and enhancing transparency, the state can operate with greater speed and effectiveness, benefiting both citizens and the economy. Targeted instruments, including the innovative “Visitor-Monitoring Program,” facilitate specialized training and investment opportunities in key sectors such as maritime and aviation.

Statistical Snapshot and Demographic Insights

Current data provides an in-depth look at Cyprus’s migration landscape. As of September 30, 2025, there are 175,677 third-country nationals legally residing in Cyprus. A significant portion of these residents are employed, reflecting the country’s growing reliance on foreign labor to meet its economic needs. The primary legal residence categories include domestic employment, migration permits for general employment, and family reunification. For instance, over 29,000 work permits have been issued for domestic employment, while general employment permits have reached nearly 18,300, illustrating the critical role of migrant labor in sectors such as hospitality and food services.

Moreover, the composition of the migrant population is diverse. The largest groups include nationals from Russia, the United Kingdom, Nepal, India, and Syria. Gender-specific data shows a notable trend: domestic employment roles are overwhelmingly filled by women, whereas sectors such as employment in foreign companies and education feature a higher percentage of male workers.

Adapting to Emerging Trends

Recent years have seen a steady and significant rise in legal residence applications from third-country nationals. This surge is largely driven by labor market demands, government initiatives to attract foreign corporations, and broader geopolitical disruptions such as the conflict in Ukraine. These factors are not only increasing the number of employment-related permits but also boosting applications in educational and family reunification categories. With a clear oversight on legal residence statistics, the government maintains a strict policy of repatriation for those who fail to meet legal standards, ensuring the system remains robust and orderly.

Outlook: Migration as a Driver of Resilience

Cyprus’s comprehensive approach to managing migration demonstrates its commitment to using legal channels as a lever for economic development while effectively curbing irregular migration and human trafficking. With a blend of advanced digital services, targeted permits, and a systematic policy of legal compliance, Cyprus is uniquely positioned to transform migration from a potential challenge into a sustainable engine of growth and resilience.

The latest data from the Statistical Service sheds new light on the number of businesses operating in Cyprus, including the economic activities not only of companies but also of private employers. A noteworthy subset of these statistics highlights the employment practices within households. In 2023, approximately 29,167 households employed nearly 24,207 domestic staff. Although this figure includes drivers and gardeners, over 90% of these roles were filled by household helpers.

Sector Breakdowns: Funeral Homes, Salons And Wellness

An in-depth analysis reveals that Cyprus is home to at least 21 funeral offices, which employ 84 workers. Additionally, there are 4,974 businesses in the sectors of hairdressing, barbering, and beauty institutes, collectively employing more than 7,445 individuals. In the realm of physical wellness, 211 companies operate with a combined workforce of over 489 employees.

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Robust Business Growth And Employment Distribution

According to the Statistical Service, the total number of businesses in Cyprus reached 125,151 in 2023, marking a 4.5% increase compared to 2022. Historically, the business landscape has seen an average annual growth of around 5%, aside from the pandemic period. With early estimates predicting a similar or slightly higher growth rate, the number of businesses is expected to rise by several thousand in both 2024 and 2025.

Leading Economic Sectors

Delving further into the data, the wholesale and retail trade, along with the repair of motor vehicles and motorcycles, leads the pack with 16,773 companies. These are followed by the professional, scientific, and technical activities (13,235 businesses) and the construction sector (10,311 businesses). On the lower end of the spectrum, the mining and quarrying sector is notably small with only 46 businesses.

Employment Concentration In Smaller Enterprises

The employment structure across Cypriot enterprises is striking. An overwhelming 94.8% of businesses employ fewer than 10 individuals, accounting for 38.1% of the total workforce. Meanwhile, 4.4% of firms have between 10 and 49 employees (20.1% of the workforce), 0.7% employ between 50 and 249 workers (16.5%), and a mere 0.1% of businesses employ over 250 people, representing 25.3% of total employment.

Yearly Trends And The Pandemic Effect

The annual variations in the number of businesses reflect the impacts of recent challenges, particularly during the COVID-19 pandemic. In 2018, Cyprus had 101,323 businesses. In 2019, the number increased by 5.7% to 107,056. However, 2020 saw a muted growth of only 1.3% (108,400 businesses), followed by a recovery of 3.8% in 2021 with 112,486 businesses. The trend continued with a 6.5% jump in 2022 bringing the total to 119,816, and 2023 recorded a 4.5% rise to 125,152. Projections for 2024 and 2025 anticipate a similar annual increase of around 5,000 businesses.

Ownership of a property is a core component of legal rights in any jurisdiction. When possession is granted with the property owner’s consent—such as through leasing or another contractual arrangement—it is deemed lawful. However, once that consent ceases, as in the case of a terminated lease, the former tenant becomes an unlawful possessor. Continuing to occupy the property without permission constitutes a trespass, infringing on the owner’s fundamental right to enjoy and manage their asset.

Issues In The Cypriot Legal Landscape

In Cyprus, this issue has acquired concerning dimensions as property owners, including those of commercial and other types of real estate, face extended periods of illegal occupancy by former tenants. These individuals exploit delays in the resolution of civil cases, effectively retaining possession of the property without any payment. This practice not only abuses legal procedures but also violates the property owner’s rights, preventing them from utilizing their asset while allowing the unlawful possessor to benefit without obligation.

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The Statutory Framework Under Article 281

Article 281(1)(a) of the Penal Code, Chapter 154, clearly states: “Whoever, without the consent of the person in whose name the land is registered, occupies or enters the land, is guilty of a criminal offense and is liable to imprisonment for up to five years or to a monetary penalty of up to ten thousand euros, or both.” This provision emphasizes that the possession of land is not merely a civil issue but also one that is subject to criminal sanctions when undertaken without consent. Its deterrent intent reinforces the protection of property rights while preserving the balance between owners and possessors.

Appellate Court Landmark Decision

In the case examined under Criminal Appeal No. 94/2022, the Appellate Court provided a definitive interpretation regarding unlawful possession following the termination of a contractual relationship. The court overturned the initial acquittal and condemned the respondent for unlawfully occupying property registered in another’s name without consent. The decision highlighted a case in Larneka where the respondent had occupied a commercial property since October 1, 2019, despite the contractual relationship having ended, nullifying any basis for continued possession.

The court concluded that the lower court erred in finding no evidence of abandoned consent. It was made clear that a past lease relationship does not imply ongoing consent after termination. With the cessation of the contractual agreement, the property owner’s consent is automatically revoked, rendering any further possession illegal. The intent of Article 281 is to prevent abusive retention of property at the expense of the legal title holder, framing unauthorized occupation as a criminal offense and reinforcing the property right.

Implications And Future Outlook

This precedent-setting decision marks a significant step in addressing the longstanding issue of unlawful property occupation by former tenants in Cyprus. By interpreting Article 281 of the Penal Code stringently, the court has affirmed that property ownership is both a civil right and a criminally protected interest. The ruling is expected to deter further abuses and ensure that legal avenues remain effective in restoring owners’ rights swiftly.

Conclusion

The Appellate Court’s decision, handed down on October 31, 2025, is a pivotal measure in combating illegal property occupation in Cyprus. By demonstrating that extended possession without consent cannot be justified on the grounds of previous lease agreements or pending civil disputes, the ruling reinforces legal safeguards and instills renewed public confidence in the judicial system.

The European Commission’s latest economic forecast has raised Cyprus’ growth projection for 2025 to 3.4 per cent, a revision that reflects the enduring resilience and dynamic progress of the island nation even amid persistent geopolitical challenges. Finance Minister Makis Keravnos hailed the findings as a testament to Cyprus’ steady economic advancement and the strength of its fundamentals.

Robust Policy and Strategic Reforms

In an official statement, Keravnos emphasized that the upward revision by 0.4 percentage points from the spring forecast is especially encouraging. The Finance Minister pointed to the government’s consistent economic policy, which is paving the way for a sustainable, outward-looking, and socially inclusive growth model. The report also noted a modest upward adjustment for 2026—now forecast at 2.6 per cent—positioning Cyprus third in the Eurozone behind Ireland and Malta.

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Foundations of Stable Growth

The revised projections underscore a broader vote of confidence in Cyprus’ economic strategy. Keravnos highlighted that the steady progress is driven by a measured and responsible fiscal approach, with ongoing reforms such as an anticipated tax overhaul aimed at boosting incomes, attracting high-quality investments, and fortifying the economy’s competitive edge. This aligns with the government’s commitment to stability, planning, and fiscal prudence.

Wider Economic Landscape

The comprehensive outlook from the European Commission projects domestic demand as the primary engine for growth, with household consumption moderating as real wage growth decelerates. Meanwhile, increased investment backed by the completion of projects under the Recovery and Resilience Plan (RRP) is expected to propel economic activity in 2026. Services exports are anticipated to remain robust, bolstering the overall growth narrative.

Inflation, Labour Market And Public Finances

Inflation is projected to ease, with headline rates falling to 0.9 per cent in 2025 before gradually rising to 1.9 per cent by 2027. Although core inflation will remain slightly elevated, medium-term expectations suggest it will stabilize slightly below 2 per cent. Labour market indicators remain strong, with unemployment expected to stabilize at 4.7 per cent in 2025 before easing further in subsequent years. Additionally, public finances are on a firm footing, with the government balance forecast to be in surplus at 3.3 per cent of GDP in 2025 and with public debt decreasing steadily to 45.7 per cent of GDP by 2027.

Conclusion

The upgraded economic forecast not only reinforces the confidence of European institutions in Cyprus but also validates the government’s strategic initiatives and reforms. As the island economy continues on its resilient path, stakeholders can look forward to a period of stable growth, sound fiscal management, and progressive economic transformation.

The Bank of Cyprus, a leader in financial innovation (Bank of Cyprus), has launched a pioneering youth-focused initiative aimed at addressing environmental risks and bolstering community resilience. This strategic move underscores the bank’s commitment to engaging younger generations in pivotal social and environmental challenges.

Focus On Flood Preparedness

In a recent announcement, the bank revealed that its inaugural event concentrated on the prevention and response to flooding. The session, held at the head office, provided a platform for final-year high school students to immerse themselves in the critical dynamics of flood management, reflecting a broader effort to integrate climate resilience into education and community planning.

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Collaborative Approach To Environmental Resilience

The workshop was organized under the auspices of SupportCY and in collaboration with esteemed partners including the University of Cyprus’ Kios Center of Excellence (University of Cyprus), the Ministry of Education, Sports and Youth, and the Cyprus fire service. Participants engaged in experiential simulations, collaborating in groups to devise flood-prevention proposals, communication strategies, and practical measures for enhancing sustainability in schools and local communities.

Empowering The Next Generation

The initiative, named “Young People Ask and Provide Solutions,” is an extension of the bank’s ongoing debate program, “Young People Ask.” It is designed not only to strengthen climate resilience but also to foster a sense of personal responsibility among young citizens. “Today’s event demonstrated that the new generation has the will, enthusiasm and creativity to offer solutions to real challenges and contribute to a more resilient society,” stated the Manager of Corporate Social Responsibility at Bank of Cyprus.

Bridging Education And Technology

SupportCY’s Head of Operations, Marios Stavrou, emphasized the necessity for young people to comprehend the multifaceted nature of the climate crisis early on. By simulating real-world decision-making, the students gained insights into the collaborative efforts required to manage the consequences of extreme weather events. Assistant Professor Mattheos Panteli of the Kios Center of Excellence further highlighted that interactive events like this illuminate the potential of cutting-edge technology to address climate change, ensuring that tomorrow’s leaders are well-prepared for future challenges.

A Sustainable Future Through Strategic Collaboration

Officials representing the ministries of interior and education reviewed the students’ proposals, while experts from the Cyprus fire service lent their invaluable expertise during the exercises. The Bank of Cyprus remains committed to giving young people a platform to voice their ideas, aspiring for their innovative solutions to be recognized and implemented by decision-makers.

The Department of Taxation has reported an impressive revenue of €29.9 million over the last two years following audits on high-risk companies, as detailed by Assistant Tax Officer Christos Karoullas before the Parliamentary Oversight Committee. The department, in alignment with recommendations from the Audit Service and supported by a recent circular issued by the new Tax Commissioner Sotiris Markidis, has restructured its approach.

Strategic Unit Deployments And Revenue Outcomes

The reforms have led to the establishment of two crucial units. The Tax Declaration Evaluation Unit implements a novel risk detection system, while the Pan-Cyprus VAT Audit Unit focuses on indirect taxation surveillance. Their combined efforts have yielded significant financial returns: €14.3 million from the initial unit and €15.6 million from on-site VAT inspections.

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Enhanced Monitoring In Hospitality And Real Estate

General Auditor Andreas Papakostantinou outlined that the audits of hospitality entities in Mackenzie, Larnaca, were prompted by discussions regarding the utilization of immovable properties. He emphasized that while the Audit Service’s recommendations are robust, they serve as a springboard for further enhanced oversight rather than a criticism.

Tightening VAT Controls And Event Taxation

Audit Service Officer Maria Pavlou highlighted significant shortcomings in VAT management, noting that reduced rates were applied in circumstances that did not meet the necessary criteria. Furthermore, she pointed to issues in the taxation of artistic events, revealing instances of undeclared concerts and inadequate tax administration.

Innovative Measures And Future Projections

In response, Karoullas announced the creation of a Pan-Cyprus register for artistic events, with approximately 200 events selected for audit in 2025. Larnaca Municipality Treasurer Alexandros Anastasios explained that many events are never formally registered at the municipal level, compounding licensing and supervisory challenges. Additionally, Deputy Director of the Ministry of Tourism, Kostas Konstantinou, confirmed that the unique property issues in Mackenzie will be addressed with a new contractual framework, while forthcoming legislation for hospitality spaces is set to intensify control.

Commitment To Rigorous Oversight And Reform

Committee on Oversight Chairman Zacharias Koulias commended the Taxation Department for its organized and effective work, suggesting that paying taxes should be considered a civic duty—potentially rewarded with incentives for compliant companies. AKEL Member of Parliament Irini Charalambidou also praised the specialized audit units for their efficiency and revenue contributions, advocating for immediate recruitment to fill 100 vacant positions and stressing the importance of a fiscal reform to eradicate tax evasion in nightlife and cash-paid artist engagements.

Through these strategic initiatives and a renewed focus on compliance, the Taxation Department is not only reinforcing regulatory oversight but also establishing a precedent for effective tax administration across the region.