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Post-COVID19: Investment Strategies and Opportunities
- June 25, 2020
- Posted by: Panos
- Category: Accounting & Finance, Fiduciary, Investments, Taxation
No CommentsThe economy worldwide, following the pandemic of COVID-19, has major issues to face. Likewise, the Investors and Shareholders need to re-assess and re-set their strategies. Part of such re-assessment can be the issue of relocation of head-quarters or part of their company or group functions. Such decision may result in serious tax savings. Evaluation of
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Cyprus International Trust
- November 9, 2018
- Posted by: Panos
- Category: Fiduciary, Immigration, International Trust, Investments, Trust
The Cyprus International Trust (CIT) Law of 1992, was amended in March 2012 to provide a firm legislation for the “planning of asset protection”, positioning Cyprus as one of the most attractive countries for asset protection. In September 2013, the CIT Law was further amended following the regulation of regulated trustee services in Cyprus solidifying
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Cyprus tax resident, non-domiciled
- November 1, 2017
- Posted by: Panos
- Category: Accounting & Finance, Taxation
Inter alia, tax exemptions on worldwide income The introduction of the non-domiciled (non-dom) tax resident status in the Cyprus tax system in 2015 gives additional incentives to high-net-individuals to relocate to Cyprus or to continue carrying out their business operations or investment from the Republic of Cyprus. The non-domiciled status provides tremendous opportunities to businessmen
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Cyprus Tax Residency by Staying in Cyprus 60 Days per Year
- October 27, 2017
- Posted by: Panos
- Category: Immigration, Investments
As from July 2017, Cyprus Income Tax Law (Ν.119 (Ι)2017) has been amended and became effective as from 1 January 2017, allowing to an individual to acquire Cyprus tax residency by staying only 60 days in Cyprus, under certain conditions, . An individual who meets all the conditions listed below with respect to a given tax
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NEW IMMIGRATION
- March 8, 2017
- Posted by: Panos
- Category: Accounting & Finance, Immigration, Taxation
On 13th of September, the Cyprus Council of Ministers has approved the amendments to the Scheme for Naturalisation of Investors in Cyprus by Exception. The Scheme is based on subsection (2) of section 111A of the Civil Registry Laws of 2002-2015. The aim of the Government is to further attract foreign direct investment especially by
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Double Tax Treaty Updates
- December 5, 2016
- Posted by: Panos
- Category: Investments, Taxation
New agreements for the avoidance of double taxation (DTA) between Cyprus and the following countries have been concluded in 2015: South Africa, Bahrain, Georgia, Iran, Ethiopia. All of the new agreements follow the OECD Model Convention. Double Tax Treaty between Cyprus and South Africa On April 2015 Cyprus and South Africa signed a Protocol which
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Services Sector in Cyprus in 2016
- December 5, 2016
- Posted by: Panos
- Category: 401K
Many businesses, large and small, have a huge source of great ideas that can help them improve, innovate, and grow, and yet so many of these companies never think of using this amazing corporate asset. What is this highly valuable asset? Its own people.
Για ίδρυση εταιρείας στο εξωτερικό, μεταφορά έδρας, φοροτεχνικά, νομική κάλυψη εταιρείας εξωτερικού, τραπεζικό λογαριασμό στην Κύπρο, λογιστικές υπηρεσίες, εγγραφή εταιρειών σε ευρωπαϊκές χώρες, επενδύσεις στο εξωτερικό, καταπιστεύματα.
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