Cyprus International Trust Law renders Cyprus as an ‘asset protection trust heaven’. The Cyprus low tax regime, is able to offer sophisticated planning structures for foreigners to set up [more]
Over the past twenty years, Cyprus has developed into one of the most favourable places for international business. The Cyprus low tax regime, its ability to offer sophisticated planning structures, i [more]
The Cyprus Company Law Cap 113 has been amended so as to encourage the submission of information to the Companies Registry within certain time limits, and with an aim to modernize the registration req [more]
by Mrs. Chrysanthi Varnava The absence of economic substance triggers an alert for the possibility of tax avoidance in many jurisdictions. A fully operational basis provides a more rational and benefi [more]
A Cyprus holding company that its shareholders are not Cyprus tax resident has the following tax advantages: ➢ Dividends received by a Cyprus Holding Company from overseas are taxexempt. ➢ No capital [more]
A Cyprus holding company that its shareholders are not Cyprus tax resident has the following tax advantages: ➢ Dividends received by a Cyprus Holding Company from overseas are taxexempt. ➢ No capital [more]
The case In an effort to provide incentives to foreigners to come to work in Cyprus, the Cyprus House of Representatives voted into law numerous anticipated tax law amendments. 20% exemption Employees [more]
The case Cyprus is famous for the sunny beaches and its hospitality. But it is considered an attractive destination for the tax benefits it offers as well. Low Income Tax rates The personal income tax [more]
The case Until now an individual was considered to be a tax resident of Cyprus if the individual was present in Cyprus for at least 183 days in a year i.e. for more days than in any other jurisdiction [more]
Partial exemption on rental income tax as well The case The introduction of the non-domiciled (non-dom) tax resident status in the Cyprus tax system in July 2015 gave the opportunity to businessmen (a [more]