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....
Why Choose Cyprus for International Trusts (CIT)
Why Choosing Cyprus for International Trusts (CIT)The Cyprus International Trust regime enables non-tax residents of Cyprus to create a Trust in Cyprus and enjoy the highest possible degree of asset protection and create estate planning internationally along with the tax benefits and strict confidentiality.HOW...