Cyprus Tax Reform Presentation Set To Elevate Cross-Border Investment Strategies in Athens

by THEFUTURE.TEAM

January 23, 2026

Cyprus is poised to transform its fiscal landscape, and a key event in Athens will provide an authoritative exploration of these changes. On March 6, 2026, the Cyprus Chamber of Commerce and Industry (Keve) will unveil details of the nation’s new tax reform at the B&M Theocharakis Foundation Amphitheatre as part of the established ‘Business Presentations Of The Cypriot Economy’ series in Greece.

Event Overview

Co-sponsored by the Embassy of Cyprus in Greece and the Cyprus Chamber of Commerce and Industry, this event is designed to offer an in-depth briefing on the updated Cyprus tax system, which has been in effect since January 1, 2026. The presentation will detail the new regulations, outline compliance requirements, and spotlight potential opportunities for Greek companies and investors.

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Strategic Insights And Business Benefits

Industry leaders will gain valuable insights into the fiscal advantages and business benefits stemming from the reform. Notably, key presentations will be delivered by the Tax Commissioner, ensuring that the content is both authoritative and directly applicable to stakeholders seeking to navigate and leverage the new fiscal policies.

Opportunities For Industry Specialists

In addition to government representatives, the event offers a platform for law firms, audit firms, financial institutions, and other industry specialists. For a fee, these experts may present a 15-minute overview of their services tailored to the implications of the new tax reforms, enhancing their exposure within this influential business community.

Registration And Networking

Businesses interested in capitalizing on these presentation opportunities must reach out to the organizing firm, FMW Financial Media Way, by February 20, 2026. Those wishing to attend the event should contact the organizer directly via telephone or email. Due to limited seating, registrations will be accepted on a first-come, first-served basis.

Final Thoughts

This presentation marks a significant initiative to align the Greek market with Cyprus’ revamped fiscal regime, fostering cross-border collaborations and inviting robust dialogue between Cypriot and Greek business communities. Attendees can expect a well-structured analysis that bridges regulatory updates and strategic business advantages, making this event a must for industry decision-makers.

The Future Forbes Realty Global Properties

New Operating Hours Law To Transform Cyprus Hospitality Industry

by THEFUTURE.TEAM

February 16, 2026

Legislative Overhaul Targets Sectoral Modernization

The parliamentary Energy Committee is reviewing a proposal that could significantly reshape operating hours for hospitality and entertainment venues across Cyprus. The initiative also includes provisions for the establishment of recreational centres and is intended to close existing regulatory gaps while strengthening the competitiveness of the tourism and dining industries.

Industry Categorization and Operational Adjustments

The draft law introduces a new classification of service venues and adjusts operating schedules according to season. Following strong reactions from professional associations and other stakeholders, the government revised the bill before its submission for closed-door committee discussions. In line with parliamentary procedure, the detailed debate and final amendments will be decided exclusively by elected members of parliament.

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Seasonal Flexibility And Specific Amendments

Under the revised proposal, pubs and bars would operate on different seasonal timetables. From May 1 to September 30, opening hours would run from 7:00 AM to 2:30 AM on weekdays and Sundays, with an extension until 3:30 AM on Fridays and Saturdays. From October 1 to April 30, weekday and Sunday operations would end at 2:00 AM, while weekend hours would extend until 3:00 AM. These changes replace earlier rules that allowed restaurants, taverns, cafés, pizzerias and snack bars to operate from 6:00 AM to 1:30 AM.

Refined Hours For Entertainment Venues

The legislation also sets updated schedules for event halls, reception venues and music or dance centres. During the summer period, these establishments would be permitted to operate from 8:00 PM to 2:30 AM on weekdays and Sundays, with later closing times on weekends. In winter, weekday and Sunday operations would end at 2:00 AM, again with extended hours on Fridays and Saturdays. Earlier drafts proposed uniform early closures, but the revised version introduces more flexibility to better reflect market demand.

Local Authority Flexibility

Municipal councils would retain the right to temporarily adjust operating hours for recreational venues for up to six months per year. This provision is designed to give local authorities room to respond to tourism peaks, festivals or regional economic needs while maintaining a consistent national framework.

Final approval of the reform is expected to come from the full House of Representatives, with the bill scheduled for submission before the April session ahead of the upcoming parliamentary elections.

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