How much is share capital in Cyprus company
How much is the share capital in a Cyprus company What is share capital? At the time of the company's registration, the shareholders make monetary contributions to the company, at the time of its registration. This is the share capital....
How to achieve Zero income tax
How to achieve Zero income tax Zero income tax means that less money is coming out of your paycheck each month, and when tax season c0mes around, you only have to submit a federal return. The 183-day rule Someone who...
Importance of Pledge of shares in Cyprus
Importance of Pledge of shares in Cyprus Pledge of shares in a Cyprus company is a systematic way of granting security in commercial transactions. Outside court jurisdiction, the security can be used as collateral and be enforced. The pledge creates...
Corporation’s Tax rate in Cyprus
What is the Corporation’s Tax rate in Cyprus? The Corporation Tax Rate in Cyprus is 12.5%. A tax resident of Cyprus will consequently be taxed on its profits arising from Revenue – Expenses. Any income from in Cyprus, or abroad, will be...
How to establish a Cyprus Trust
How to establish Cyprus Trust Establishing a Cyprus International Trust varies in complexity and purpose; but the purpose of any Trust is to keep assets for a specific beneficiary such as family, charities, public workers or even just hold funds...
Establishing a Cyprus company with MARICORP
How to Establish a Cyprus Company with MARICORP Establishing a Company in Cyprus may be simpler than you may think. Many multinational corporations choose to have Companies in Cyprus as they have an ideal legal and corporate Tax regime. Cyprus...
Cyprus Tax Outlook 2022
Cyprus Tax Outlook 2022 CYPRUS BECOMES A FULLY COMPLIANT CORPORATE TAX RATE JURISDICTION ATTRACTING MULTINATIONAL COMPANIES FOR HEADQUARTERING OR BRANCH SET UP In December 2021 the Cyprus Minister of Finance has announced that the year of 2022 will be a...
Cyprus UBO Registry Fully Explained
Ultimate Beneficial Owners Register Dear Esteemed Clients / Associates. The Republic of Cyprus has implemented the EU Directive (2018/843) regarding the Ultimate Beneficial Owners Register (the 'UBO Register'). The Registrar of Companies ('ROC') has been designated as the authority responsible...