December 3, 2012
Cyprus out of Russian Black List Cyprus Excluded from the Russian Black List of Offshore Zones; Russia has ratified its Pending Double Tax Treaty with Cyprus last March, which removes the country from being included in its Black List of Offshore Zones. With this settled, it is expected that Cyprus will further attract more Russian […]…
December 2, 2012
New Double Tax Treaty Analyzing the New Double Tax Treaty Between Cyprus and Ukraine: Cyprus and Ukraine Government has just entered into a new Double Tax Treaty signed last 8 November 2012. This was done during the official visit in Cyprus of Mr. Viktor Yanukovych, the President of Ukraine. The new treaty entails revisions […]…
December 1, 2012
Hong Kong Why Hong Kong One of Top 3 World Economic Centers: Before the year 2012 bids goodbye to everyone, the World Economic Forums (WEF) has brought good news to Hong Kong. It earned the top spot for being the best and most efficient country in terms of banking financial services; beating the […]…
November 30, 2012
Shipping Incentives Shipping Incentives Pushed by Hong Kong Government: Hong Kong is concerned with the marine water quality under their territory and has initiated an incentive scheme to attract ocean going vessels (OGVs) to switch into cleaner fuel while berthing in its waters. Under this scheme, ocean-going vessels will enjoy a 50% reduction in […]…
November 29, 2012
Offshore Jurisdiction Seychelles as an Offshore Jurisdiction: The weather seems to be always perfect in Seychelles. The beautiful beaches and the sunny atmosphere are enough reasons to attract a pool of tourists to explore it, but Seychelles is more enjoyed because of its advantageous offshore jurisdiction. Those who have registered their companies in the region are […]…
November 28, 2012
Banking in Liechtenstein – Opening a bank account Liechtenstein has been known for its private banking sector. It shares two sides of the coin as it is loved by its depositors because of its strict confidentially rules, but is criticized by others because of its code of secrecy. The region is governed by a unique […]…
October 17, 2012
Gold News Gold News Will it Keep Going Up: Those who decided to purchase gold in the year 2011 have all the reasons to smile at the end of 2012. . This is an increased 25% on the amount of the metal they may have purchased last year, which implies a 25% profit if […]…
July 14, 2011
Cyprus Capital Gains Tax Regulations: The Cyprus capital gains tax regulations provide that for every sale of property in Cyprus capital gains Tax, must be paid. From this tax Cyprus Economy benefits about 250 mi Euros, every year. This Capital gains tax is paid of course by the Vendor. It is paid at the time […]…