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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...Πώς φορολογείται το Crypto στην Κύπρο
IS IT REALLY A CURRENCY OR ANOTHER FANCY FINANCIAL INSTRUMENT? IS IT TAXABLE?In a nutshell, no one cares whether Cryptocurrency is a currency or stock as long as it makes money! However, there are some important aspects in this new...ΠΑΡΆΤΑΣΗ ΤΗΣ ΕΤΉΣΙΑΣ ΚΑΤΑΒΟΛΉΣ ΤΗΣ ΕΙΣΦΟΡΆΣ
EXTENSION OF ANNUAL LEVY PAYMENT Dear Clients / Associates, We hereby notify you that further to the previous extension given by the Registrar of Companies regarding the payment of the Annual Levy of 2021 to December 2021, a further extension has...ΦΟΡΟΛΟΓΙΚΌ ΗΜΕΡΟΛΌΓΙΟ 2021
TAX CALENDAR 2021 Deadline Tax Obligation Tax Form Penalties End of each month Payment of PAYE deducted from employees’ salaries for the previous month TD61 Late payment results in the imposition of interest at 1.75%* per annum from the due...Ο ΦΠΑ για τα αγαθά που εξηγούνται
The key when it comes to sale of goods is the point of sale. This is determined by the place where the goods are situated – if the goods are situated outside Cyprus at the point of their sale then...ANNOUNCEMENT FOR BENEFICIAL OWNERS REGISTER OF CORPORATE AND OTHER LEGAL...
ANNOUNCEMENT FOR BENEFICIAL OWNERS REGISTER OF CORPORATE AND OTHER LEGAL ENTITIES Dear Clients and Associates, We hereby would like to inform you the following in relation to the establishment of the Beneficial Owners Register of corporate and legal entities: On...What Is A Tax Ruling?
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...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...Non Domicile Tax
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...Archives
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