What Is A Tax Ruling? A Tax Ruling is the official written reply by the Tax Department to requests for guidance on the interpretation of the Cyprus tax law. In October 2015 the Cyprus Tax Department has issued a circular...
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...
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...
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...
Non Domicile TAX The concept of NON – DOMICILE was voted and came into force back in 2015 as a measure of boosting the economy by encouraging foreign High Net Worth Individuals (HNWI) to become Cyprus tax residents. The Law...