New EU Framework Proposed for Foreign Direct Investments-2021

July 27, 2021

New EU Framework Proposed for Foreign Direct Investments: A new framework has been proposed by the European Commission for the screening of Foreign Direct investment into the EU. The reasoning behind this proposal as expressed by the Commission President is mainly for collective security protection.    Foreign direct investments on European ground concerning utilization of […]…

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EU Passport With 2 M Euros Investment

July 6, 2021

Updated 06 July 2021 THIS PROGRAMM HAS BEEN SUSPENDED BY THE CYPRUS GOVERNMENT FOR THE TIME BEING.    EU Passport With 2 M Euros Investment :  It has been some time now that the Republic of Cyprus has decided to reduce the amount of investment to 2 million euros in order to be able to […]…

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Cyprus Domicile Status

July 6, 2021

Cyprus Domicile Status under SDC Law Updated 06 July 2021   Introduction Cyprus Domicile Status under SDC Law  There have been recent amendments to the Cyprus Tax Laws in relation to the Special Defense Contribution (‘SDC’) with the introduction of the term ‘domicile’. Until recently, a Cyrus tax resident on a worldwide basis was subjected […]…

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Cyprus Holding Company Advantages

July 2, 2021

Cyprus Holding Company  Has Many Tax Advantages Updated 02 July 2021   It is well known in the financial circles that the Cyprus holding company has many tax advantages which are so great that they make it the absolute tool for international tax planning and optimization. The procedure for setting it up is fairly simple, […]…

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Registration of Cyprus Company

June 14, 2021

Cyprus Company Registration for 2021 Updated 14 June 2021   The registration of Cyprus Company is very simple and the formalities required are minimal.  Copy of your passport A Utility Bill in your name A CV Answer our questionnaire for your address, tel. no, email address etc. Choose a name for your company That`s it. […]…

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Creation Benefits of a Cyprus International Trust

August 5, 2017

Creation Benefits Cyprus International Trust: Our Firm has since 1979 been offering legal and corporate services and especially Trust and Asset protection services, to our international clients with great success. We will be thrilled to have you too as one of our valued clients. A well-known fact among the international financial community is that the Cyprus […]…

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Cyprus Income Tax Law amended

July 22, 2017

New definition to Cyprus Tax Resident Individual Introduction:Cyprus Income Tax Law amended: There has been a new amendment to the Income Tax Law, voted recently by the House of Representatives of the Republic of Cyprus.The amendment concerns the definition of Cyprus Tax Resident Individual which has now been changed. New Provisions Cyprus Income Tax Law […]…

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Cyprus Tax Department issues new rules regarding intra-group financing arrangements

July 9, 2017

Cyprus Tax Department issues new rules regarding intra-group financing arrangements: The Cyprus Tax Department (“CTD”) has recently issued a Circular regarding the new rules for the taxation of intra-group financing arrangements applying from 1 July 2017. The new Circular as in line with the OECD provides for the application of transfer pricing methodology to such […]…

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