News

EU List of High-Risk Third Countries (June 2025)

The EU List of High-Risk Third Countries was updated in June 2025 by the European Commission to...

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Update on EU Foreign Direct Investment (FDI) Screening Framework and Sanctions Interaction

On 14 May 2025, the European Commission published an updated version of its Frequently Asked...

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Cyprus Safety Alert for Cyprus Flagged Vessels

In light of increasing geopolitical tensions and recent incidents in several critical maritime...

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Benefits of Registering Vessels Under the Cyprus Flag

Cyprus stands as a premier maritime hub, offering one of the world's most competitive ship...

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The Digital Nomad Visa

As the world embraces remote work and flexible lifestyles, the Cyprus Migration Department is...

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The Role of Cyprus in Promoting Green Shipping and Sustainability

The Cyprus Shipping Deputy Ministry (SDM) has introduced a series of environmental incentives to...

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Unlocking Europe: Cyprus Prepares for Schengen Entry by 2026

The Schengen zone, comprising 29 European countries and over 448 million citizens across 4.7...

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New AML Directive from the Central Bank of Cyprus

On 2 May 2025, the Central Bank of Cyprus published a revised directive on the prevention of...

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EU Sanctions Helpdesk - New service to support European SMEs in complying with sanctions

The EU Sanctions Helpdesk was launched on March 2025 by the European Commission to support EU...

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Strategic Corporate Services for a City in Transformation

Bybloserve Management is featured in the latest issue of Gold Business Magazine, in a special...

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Guide to Cyprus' Small Vessel Register

Navigating the waters of Cyprus is an exhilarating experience, but ensuring your pleasure craft...

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Register Your Vessel in the Cyprus Ship Registry: Key Information and Government Policy

Cyprus offers a well-established and advantageous framework for vessel registration through its...

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EU Legal Stance on Russian Arbitration Proceedings: New Protective Measures for European Entities

On 16 December 2024, the EU adopted the 15th package of sanctions against Russia. Notably, the...

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Important Update: Changes in Beneficial Owner Information for Seychelles Companies.

As of January 2025, important regulatory requirements for Seychelles companies have come into...

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Cyprus Electronic Identity (eID)

Cyprus has started accepting applications for its new national electronic identification system...

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Updates on the Register of Beneficial Owners

The Department of Registrar of Companies and Intellectual Property has announced significant...

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Season’s Greetings

As we approach the end of 2024, Bybloserve Management extends its sincere gratitude for your...

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Odyssey Philanthropic Foundation's 2nd Annual Fundraising Event

As a proud founder and sponsor of the Odyssey Philanthropic Foundation, we are delighted to...

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UBO REGISTRY- Annual Confirmation Requirement 2024

The Registrar of Companies and Intellectual Property (RoC) has announced a mandatory Ultimate...

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Parliamentary Approval of EU Blue Card Scheme

On the 11th of July 2024, the House of Representatives of the Republic of Cyprus passed a...

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Acquisition of the status of long-term resident in the Republic

Council Directive 2003/109/EC addresses the status of third-country nationals classified as long...

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EU Enhances Sanctions Reporting Obligation

European Union has introduced new reporting requirements under Article 5r of Regulation 833/2014....

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Changes in financial regulations of the British Virgin Islands

We are reaching out to remind you of important changes in financial regulations of the British...

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Setting Sail with Cyprus: Register Your Ship Today

Cyprus has become the destination of choice for ship owners and operators looking to gain a...

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New Legislation for the Naturalization of Foreign Nationals

In an effort to modernise Civil Registry Law and enhance due diligence procedures (required by...

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Extension of Submission Deadline to the Register of Beneficial Owners

On January 17, 2024, the Department of the Registrar of Companies and Intellectual Property of...

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Shipping Limited Liability Companies – additional incentives for Cyprus shipping companies

In an effort to make the island a more attractive jurisdiction for shipping, Cyprus enacted a new...

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Season’s Greetings

With 2024 fast approaching, we would like to take this opportunity to thank you for your...

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Commencement of Operation of the Final Solution of the Electronic System of the Ultimate Beneficial Owner Registry

The Department of the Registrar of Companies and Intellectual Property of Cyprus (the "ROC") on...

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Odyssey Philanthropic Foundation 1st Fundraiser Party

We are most excited and proud to announce the revival of our Odyssey Philanthropic Foundation...

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Beneficial Ownership Registry and Imposition of Fines

By a recent announcement the Cyprus Registrar of Companies and Intellectual Property on September...

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Discover the promising business opportunities in the Kingdom of Bahrain

The Kingdom of Bahrain, a vibrant nation nestled in the heart of the Arabian Gulf has emerged as...

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ANNUAL LEVY TAX - 2023

Please be reminded that the annual levy for Cyprus companies is due by 30/06/2023. Late payments...

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REVISED RULES for permanent residency status in Cyprus by way of Investment

The Council of Ministers has recently approved the proposal of the Minister of Interior to...

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Fund Management and Ancillary Services

Bybloserve Management Ltd was created in 2009, specifically designed to provide specialized...

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UK’s Register of Overseas Entities – Obligations and Liabilities

Obligation to register in Register of Oversea Entities (“ROE”)
Under the Economic Crime...

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New eligibility criteria of foreign interest companies

On November 30th 2022, the Council of Ministers approved the Amendment of the Policy for the...

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Merry Christmas and Happy Festive Season

To Our Friends, Business Associates and Clients. Our Warmest Wishes for a Joyous Holiday season...

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BVI BUSINESS COMPANIES ACT AMENDMENT | ANNUAL RETURNS

In an effort to conform with international standards in financial services the House Assembly of...

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BELIZE COMPANIES ACT 2022 | ONLINE BUSINESS REGISTRY SYSTEM

In an effort to eliminate the distinction of a preferential regime, Belize consolidated its...

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Suspension of access to the Beneficial Owners register in Cyprus

The judgement of 22nd of November 2022 issued by the Court of Justice of the European Union...

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Summer Holidays

Kindly be advised that our company will be closed for summer holidays only on 15th and 16th of...

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Amendments on Seychelles International Business Companies Act, 2021

In an effort of continuous improvement and compliance with the international regulatory standards...

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Cyprus introducing a registry on corporate beneficial ownership

Following the recent trend on enhancing transparency and abiding to the relevant legislative...

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Fast track permanent residency by investing in Cyprus

On the 24th of March 2021 legislative amendments have come into force aiming to expand the types...

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Travelling Restrictions

We are pleased to inform you that as of 01/04/2021 Russia and Ukraine shall be upgraded to the...

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ILIUM Capital Ltd

We are glad to announce the appointment of our affiliate company, I. Frangos & Associates LLC as...

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Travelling to Cyprus from Category C countries for business / professional purposes

By virtue of the Infectious Diseases Decree (No.30) of 2020, individuals entering into the...

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“From Strength to Strength: The AML Industry in 2020”

As European Members implemented and applied the requirements of the 4th AML Directive in 2016...

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COVID-19 Important Announcement

As a valued customer of our Company, I wanted to let you know that in the face of the recent...

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Abolition of Bank Guarantees

On the 6th of December 2019, the Members of the Cyprus Parliament have passed an amendment on the...

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Economic Substance Requirements in British Virgin Islands

Economic Substance Requirements in British Virgin Islands

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«Χρυσά διαβατήρια»: Μετά τις καμπάνες της Κομισιόν, ο λόγος στους επαγγελματίες

Τόσο η κυπριακή κυβέρνηση όσο και οι επαγγελματίες του κλάδου θορυβήθηκαν μετά την έκθεση της...

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International Wealth Forum in Tbilisi

International Wealth Forum Tbilisi gathered more than 150 participants from 20 countries, biggest...

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ABLV compensation of €100,000 to eligible clients

Following the recent developments of ABLV Bank, it has been announced that a draft voluntary...

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ІІІ International Conference - Beneficial business structuring.

ІІІ International Conference - Beneficial business structuring. Best legal advice on tax and...

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