Transfer Pricing
Transfer Pricing Transfer Pricing is the term used to describe the intra-group financing transactions and activities. The Cyprus Tax Department (CTD) has issued a circular (the "Circular") on 30 June 2017 revising the transfer pricing framework for companies carrying out...
General obligations of a Cyprus Company
General obligations of a Cyprus Company Given the increasing regulations and compliance/reporting requirements set by the Authorities in the last years, it is now even more important to ensure that your Cyprus Company is fulfilling its obligations deriving from the...
BREXIT Relocation to Cyprus
In the financial services sector in UK the word BREXIT is a synonym of uncertainty and risk.Uncertainty combined with a lower risk appetite decreases business investment, hiring new staff and a re-assessment of the cash and cost control of corporate...
Cyprus Company (Fact Sheet)
Corporate Information Shares and Corporate Governance Minimum number of directors: One Nationality requirements for directors: None Corporate directors permitted: Yes Minimum number of shareholders: One Maximum number of shareholders: Fifty Nationality restrictions on shareholders: None Company secretary required: Yes Registered...
How To Achieve Minimal to Zero Tax Exposure on Licencing Income
TREATY SHOPPING FOR LICENSING STRUCTURES – MINIMISE TAX EXPOSURE ON LICENSING INCOME TO AS LOW AS 0% – MAXIMUM 15%Fact 1: It is well known that Cyprus currently has more than 60 Double Tax TreatiesOn the other hand, if no...
Cyprus Double Tax Treaties
Cyprus Double Tax TreatiesCyprus offers a network of various double tax treaties (CTT) giving business and individuals the benefit while establishing legal entities in Cyprus. Tax Treaties replace the local tax legislation and protect business against double taxation of income...
Cyprus Intellectual Property (IP)
Intellectual Property (IP) Tax Regime in Cyprus – illustrative exampleThe new IP regime (IP Box) as amended and applied from 1st July 2016 onwards is aligned with the provisions of Action 5 of the OECD’s Base Erosion Profit Shifting (BEPS) project....
The importance of Trademark Registration
The Importance of Trademark Registration Your brand is the most important thing if you are trying to connect your product or service with your customers. Branding Think for a moment about the most well-known shoe brand in your opinion, or...