Building headquarters in Cyprus - Substance
Contributed by Oxford Tax Solutions
08 December, 2020

Substance is defined as the actual presence of a company in its country of registration. In order for a company that operates in Cyprus to be able to claim double tax treaty advantages and have rights to the EU Directives, the company must have adequate substance. A company must be able to prove that it has economic substance and that it conducts real business.
Background
Cyprus follows the Organisation for Economic Cooperation and Development (OECD), where companies' qualify for tax treaty benefits if the company is a tax resident of the country it is registered in and the company is the "Beneficial Owner" of the income distribution. Income here refers to dividends, interest, royalties etc. The importance of substance has increased in the last few years following OECD action plan of the Base Erosion and Profit Shifting (BEPS) project. The European Union Code of Conduct Group commenced investigation into low corporate income tax regimes following OECD's project and has instructed regimes to place laws to address the issue of economic substance. Such laws are enforced to ensure that these countries do not end on the EU Blacklist for non-cooperation.
General definition: A company is considered to be a resident in the country in which management and control is located and implemented. When speaking about where management and control is located, the general idea and also according to OECD criteria are the following:
- Is the location of the board of directors meetings, in which all strategic decisions and major contracts are agreed upon, in Cyprus?
- Are the majority of directors Cyprus tax resident individuals? Directors must be qualified, with the appropriate experience and expertise to take on all business decisions;
- Does the company hold or rent an office in Cyprus in which it maintains employees which carry out daily duties? Company should have a physical address of its space and hire employees for operational activities;
Guidelines
Along with the above, there is also a list of guidelines for a Cyprus company to follow in order to achieve full substance. Not all the below are requirements; however they are a general parameter that should be followed:
- A full set of all record keeping and administration must be maintained in Cyprus. For instance all agreements must be signed in Cyprus;
- All bookkeeping work, along with preparation of audited financial statements and management accounts should all be performed in Cyprus by local professionals. In addition to this, all invoices issued from the company and all receipts obtained should be kept in the company's offices in Cyprus;
- Directors of the company should be employed, receive a salary and perform actual duties. The directors salary should be appropriate and in line with their duties. As discussed above, directors must have experience and knowledge. This is important, since if it is proven that the director does not have sufficient expertise, then this may validate that the director is not the actual decision-maker and therefore the company may be viewed as lacking substance. In addition to this, it is important to avoid appointing directors that hold multiple positions, since this may raise red flags;
- The company should hold or rent an office space in Cyprus. The office should have a business telephone line, an email account, a fax number etc. The office should also have furniture and all other equipment that are necessary for an office to function properly;
- Board meetings should be held in Cyprus. A minimum of 3 board meetings should take place per year and all directors must attend these meeting;
- Business records should be kept in the company's office in Cyprus. Records such as minutes of meetings, share register, company seal and all other administrative documents;
- The company should hold a tax number allocated from authorities;
- The company's bank accounts should be managed and controlled in Cyprus. The bank account should have a Cyprus tax resident as a signatory. The bank account statement should show that company's regular expenditure that was done in Cyprus;
- The company's profits should flow to its beneficial owners and go through the company's bank account and not be received on behalf of other parties;
- The Cyprus company should have a logo, a website or any merchandise that can offered complementary to its clients;
- The company should have its team of local professionals. For example the courier companies they work with, the IT company that visits its offices for maintenance etc.;
Economic Substance
In addition to the guidelines, that when followed ensures real presence, a company must also take into consideration that it should prove real economic activity and purpose as well.
A transaction to be considered valid, it must have an economic purpose that goes beyond just a decrease of tax liability. Economic purpose is also necessary when using a Cyprus Bank to perform the bank transactions. Banks are requesting full details of each transaction and are requesting a purpose and supporting documents. In order for a company to achieve real economic purpose, it must ensure that it holds assets, has established risks, real functions and has business goals and targets to meet.
Other ways to ensure economic purpose is to transfer intellectual property rights to Cyprus, or set-up a Cyprus International Trust or even consider a Cyprus Stock exchange listing. All three suggestions stated above have their advantages if set-up in Cyprus. It is also important to ensure that the Cyprus Company is constantly being developed and its activity is growing.
Beneficial Ownership of Income
A holding company in Cyprus should be receiving dividends from its investments and then distributing the profits to its shareholder. The beneficial owner should be the recipient of the company's income and have the right to use the income as they wish and not be contractually obliged to pass on the income to another party. This is the concept of "beneficial ownership of income". If the beneficiary acts as an intermediary, then any benefits of the double tax treaty terms under which the dividend was received, may be denied.
When a company has sufficient substance in Cyprus, this acts as a shield against any foreign tax authorities attempting to challenge the company's tax residence and force tax under their own laws. It may also support transfer pricing challenges and address any anti-avoidance provisions. It is important for companies to be aware of new developments and be prepared for any challenges. No standard approach can be used; each company has its own structure and must be viewed on a case-by-case basis. Oxford Tax Solutions can provide full support in establishing proper substance in Cyprus and set up headquarters. We offer all services and professional advice to effectively assist you comply with the substance requirements. Please contact us to learn more information regarding our substance solutions.
« Go Back to Articles
Articles Archive
- 2022
- June (2)
- May (7)
- » Record inflation in EU: What are the rates and why is the cost of living going up?
- » UK to Introduce Register of Overseas Entities
- » UAE Foundations - Why there is an increase in demand to establish a UAE foundation?
- » What Makes Belize Such a Great Choice for Offshore Wealth Building?
- » Redomiciliation of your company to Dubai/UAE
- » Crypto Asset Service Providers in Cyprus: Registration and Requirements
- » Cyprus-Registered Alternative Investment Funds (RAIFs)
- April (6)
- » Banking sector in Latvia 2021: Structural change and Covid-19 impact
- » Eight Factors To Help Determine Where You Offshore Bank
- » Ten Considerations for Asset Protection Planning
- » Panama opts for semi-secrecy through beneficial owners register
- » Blocked accounts and misuse of AML policies
- » Ten Top Features of the Best Offshore Banks
- March (3)
- February (6)
- » How Business Owners Get Help Figuring Their Taxes
- » Risk When Building Your Investment Strategy
- » Is TMPR the future of trademark registration?
- » Interview with Luigi Wewege: Best Private Bank and Banker in CARICOM for 2021
- » Management and Control Taxation of Cyprus Companies
- » Eight Truths People Might Not Know About Offshore Banking (And Should)
- January (12)
- » TMPR, a public registry that tokenizes trademarks into NFT
- » What are Offshore Jurisdictions and How Do I Select the Right One?
- » Six Newbie Tips for Comparing Cryptocurrencies
- » Professional Tips on How to Select the Best Online Gaming Website
- » How Tax Professionals Can Protect Client Data
- » Understanding Why Now is the Right Time to Invest in Gold
- » Eight Considerations When Opening an Offshore Bank Account in 2022
- » Gambling laws in Europe
- » Cyprus Business Facilitation Unit (BFU) - Eligibility, criteria and procedure
- » Crypto Exchange and Wallet Operator License in Poland
- » How to Set Up a Crypto Exchange Licence in the EU: Estonia
- » Crypto Exchange and Wallet Operator Licenses in Lithuania
- 2021
- December (14)
- » Panama's offshore companies must keep accounting
- » Five Reasons Why an LLC Is a Popular Choice for Business Owners
- » Gibraltar fast becomes crypto trading hotspot as two large industry players make the rock their home
- » How Do Student Loans Influence Your Taxes?
- » Seven Time Management Tips for Students
- » Four Tax Planning Strategies for Construction Contractors
- » Crowdfunding: Recent developments in Cyprus and the EU
- » Cyprus - Notional Interest Deduction (NID)
- » Can R&D Tax Credits Boost Your Business In 2022?
- » Get a Great Start to 2022 With an Offshore Banking Account
- » Private Client Explained: Family Offices
- » Explore Six Structures For Offshore Corporate Bank Accounts
- » Your Step by Step Guide to Choosing the Best Virtual Data Room
- » Investing In Precious Metals: What To Expect In 2022
- November (8)
- » Top Five Tax Havens for UK Casinos
- » Suggestions for How to Support Your Football Team
- » Eight Things to Do When You Start an Online Business
- » Ministry of Finance announces new measures for attracting business in Cyprus
- » Cyprus - The ideal location for holding Technology Intellectual Property (IP)
- » Seven Emerging Banking Technologies To Watch
- » What are the Pandora Papers hiding?
- » Eight Important Facts to Understand About Digital Banking
- October (8)
- » Ten Business Degree Specializations You Can Pursue
- » Why Is It Important to Study Business?
- » New Global Corporate Tax Rate - Good for Gibraltar?
- » Tax Facts for Small Business Owners
- » Malta: The Merchant Shipping Directorate's New Pleasure Yacht Changeover Guidelines
- » What Are the Most Common Services Found at Offshore Private Banks?
- » Practical Reasons to Open an International Bank Account
- » The Ten Countries that Use Offshore Companies the Most
- September (8)
- » Cyprus - the road to becoming the European technology hub
- » The mechanism of Redemption of Shares under the Cyprus Companies Law, Cap. 113
- » The Benefits of Entering Accounting
- » Explore The Top Eight Nations For Offshore Banking In 2021 And Beyond
- » Luigi Wewege Explains Why Belize Remains a Top Choice for Offshore Banking and Investing
- » Five Helpful Resources for Tax Season in the U.S
- » Former Argentine President Mauricio Macri defends tax evasion
- » Understanding the Different Types of Offshore Bank Accounts
- August (8)
- » Why Investing in Gold is Something to Consider in 2021
- » How to Create a Family Office at the Price of a Passport
- » Andorra vs. Switzerland: Comparing Residency, Lifestyle, Living Costs and Taxation
- » Eight Factors to Consider When Comparing Offshore Banks
- » Five Myths About Generational Wealth You've Likely Heard
- » Ideas Powered for business SME Fund
- » Amendments to Malta's Aircraft Registration Act: Key Observations
- » Cyber Threats to the Financial System are Growing
- July (9)
- » Benefits of Outsourcing CFO Services
- » Why Choosing Belize for Offshore Banking is a Smart Move
- » Offshore or Domestic: Which Type of Bank is Best for Your Business?
- » Why Forex trading business is a unique profession?
- » The Union Bank of Switzerland is Cautious about Cryptocurrencies
- » Eight Types of People Who Establish Offshore Bank Accounts
- » Economic Substance in Cyprus
- » UPDATE: Cyprus UBO Register for Trusts
- » Relocating and retiring in Cyprus
- June (9)
- » Gibraltar cemented as a preferred jurisdiction for crypto hedge funds
- » How I'd Invest GBP 2K In The FTSE 100
- » Remote and Hybrid e-Learning May Be a Permanent Strategy
- » UAE and Israel Sign Tax Treaty
- » Generational Wealth Planning: A Guide to Growing and Protecting Your Wealth For Decades to Come
- » Differences Between DLT and Blockchain
- » UK Trade Agreement with Norway, Iceland, and Liechtenstein
- » UK Trade Agreement with Norway, Iceland, and Liechtenstein
- » UK Trade Agreement with Norway, Iceland, and Liechtenstein
- May (8)
- » Is The UAE Really Tax Free?
- » Guernsey: Get Ready, Set - GO!
- » Putting to Rest the Myths About Offshore Banking
- » International vs. Global Funds vs. True Diversification: Know the Difference
- » Acquisition of real estate property in Cyprus
- » Partnerships under Cyprus Law
- » Understanding How Bitcoin Works And What You Can Do With It
- » Luigi Wewege Weighs in On Gold Investing for 2021
- April (4)
- March (13)
- » Ten Caribbean Tax Havens For Asset Protection
- » Nine FAQs About Offshore Banking That You Should Know
- » Implementation of the Ultimate Beneficial Owner (UBO) Register in Cyprus - an Interim Solution
- » 15 Myths About Working With an Offshore Wealth Manager
- » Guernsey Together fights COVID and Assists Business Recovery
- » How Does the Hong Kong Tax System Work?
- » European Ultimate Beneficial Owner (UBO) Register in Cyprus
- » Statutory and tax obligations of a Cyprus company
- » The role of trust protectors - food for thought
- » Solutions and issues with owning BVI company shares personally
- » How to Successfully Create an Offshore Company
- » Removing Foreign Ownership Restrictions On UAE Companies - Noise Or A Game Changer?
- » Functions and Features of Offshore Banks to Know About
- February (13)
- » Partnerships in Malta
- » Five Ways to Lower Your Tax Bill
- » Does Luxembourg continue to be a tax haven?
- » Curacao Gaming License and EU-Cyprus Payment Processing Agent: The Ideal Solution
- » Eight Great Reasons for Opening an Offshore Savings Account
- » Does My Wealth Manager Need to be Local?
- » Data Protection - are we nearly there yet?
- » What Are the Most Tax-Efficient Savings and Investments in the UK?
- » A Crucial Benefit of the Maltese Maritime Flag: Court-Approved Private Sales
- » US Tax Considerations for eSports and the Online Games Industry
- » Why did Spanish esports, Youtuber influencers move to Andorra? Low tax? Think again
- » What is KYC?
- » Favourable option for small-sized enterprises: the KIVA taxation system
- January (11)
- » Holding in Estonia, Holding in Latvia - Tools for Special Purposes
- » Brexit: Should I use the UK as a holding company location?
- » Inheritance tax when receiving from abroad
- » Which Program Shall I Apply For? Two Basic Yet Deciding Factors to Consider With Citizenship-by-Investment Programs
- » Different Styles Of Trading A Newbie Must Be Ready To Learn
- » Gambling and betting laws in Cyprus - The possibility of foreign companies to operate in Cyprus
- » The Evolution of Assets
- » Can a US Citizen Have an Offshore Bank Account?
- » Everyone Wants A Second Passport: Here's How Much It Really Costs
- » Covid-19 and Directors' Obligations in Malta
- » Can a 'force majeure' clause be invoked in view of COVID-19?
- December (14)
- 2020
- December (14)
- » How to set up a family office in Singapore
- » The Elephant in the Room - Economic Substance
- » Why Panama is the best jurisdiction for registering yachts and ships
- » St Lucia is No.1 Citizenship by Investment Program in the World
- » All you need to know about setting up a business in Hong Kong
- » Do offshore trusts really confer asset protection in this day and age?
- » The Malta Shipping Register: The Largest Shipping Register Worldwide
- » ZEDRA reports ongoing boom in HNW family business in Hong Kong
- » Cyprus Companies: Interrelationship between Articles of Association and Shareholders' Agreement
- » Protecting And Growing Assets: Belize Trust Or Panama Foundation?
- » Building headquarters in Cyprus - Substance
- » Efficient Tax Planning for a Company in Switzerland with Foreign Shareholders
- » Company in Switzerland: some ideas to reduce costs and increase flexibility
- » What should I invest in, in 2021? How can I protect my assets?
- November (15)
- » Relationship Between Ethereum IRA and COVID-19
- » Where can you register a company and open a bank account remotely?
- » Who Needs an Offshore Bank Account?
- » Ex'Tax Project: How post-pandemic tax reform can create jobs and sustainable growth
- » Belarus Implements Tax Exemption for Forex Trading
- » Advice for opening an offshore corporate bank account
- » How to Protect Your Credit Score During the COVID-19 Pandemic
- » Investing in Gold: Why It's Smart and Will Remain a Sound Strategy
- » Malta Budget 2021 snippets: how will you benefit?
- » MFSA publishes revised loan funds rules framework
- » What are International Banks?
- » New Giant in Banking Sector: Merger of Credit Suisse and UBS
- » How Does the U.S. Tax System Work?
- » Minority Shareholder Oppression in Cyprus: An Overview
- » Cyprus - Capital Gains Tax and disposal of securities
- October (10)
- » Eight Benefits of International Lending
- » Three Offshore Resources That Should Be Part Of Your Financial Planning
- » Changes in the field of taxation in Hungary due to the pandemic situation
- » Identifying profitable trends in the Forex market
- » The perfect platform for rookie CFD traders
- » Marios Kalochoritis: My choice for Business Friendly, the United Arab Emirates
- » How can I protect my assets? Learn how you can
- » Income Tax in Germany
- » Online Trading During the Coronavirus Pandemic
- » What is an Offshore Prepaid Visa Card?
- September (7)
- » Investing in Gold: Things to Understand About Gold Loan Programs
- » Joint Ventures
- » Malta sets up the National Foreign Direct Investment Screening Office
- » Implementation of economic substance requirements and its impact on UAE entities
- » Seven Things to Consider Before Opening an Offshore Bank Account
- » Cyprus Tonnage Tax System
- » Citizenship vs Fiscal Residency: Becoming a UAE Fiscal Resident
- August (7)
- » Offshore Banking Institutions: Nine Reasons Why They'll Remain Popular
- » Backpacking Vs Student Language Courses Abroad
- » A favourable allowance for employees in Hungary
- » Eight Offshore Banking Trends
- » Isle of Man: A World Leader in Cryptocurrency
- » Cyprus International Trust
- » The UAE - Another version of a safe haven
- July (10)
- » Investing money in the crypto industry like a pro
- » How to develop realistic expectations while trading?
- » Understanding the Online Forex Trading Instruments
- » Rock solid: Re-domiciling to Gibraltar
- » What is a Gold Loan Program?
- » Important Notice: Information pertaining to the Beneficial Owners of Maltese Companies
- » Cell Companies Now Offer Asset Structuring Opportunities in the Shipping and Aviation Sector
- » Financial Diversification with Offshore Banking and Investing
- » Hungary: significant tax advantages for smaller companies
- » Cyprus: Merger and Cross-Border Merger
- June (31)
- » Cyprus Alternative investment fund (AIF) and Registered Alternative Investment Fund (RAIF)
- » Crypto Hedge Fund Managers choose Gibraltar, PwC Elwood Hedge Fund Report confirms
- » VAT Rates in Cyprus
- » 10 Tips How to Choose a Good Professional Business College for Studying
- » Amendments to Hong Kong's Anti-Money Laundering Ordinance
- » Due Diligence
- » Setting up an E-business in the UAE - Why participate in the fastest-growing E-commerce market of the Middle East
- » Cyprus Holding Company Advantages
- » Guernsey lays out plans to comply with MLD5 and demonstrates its robust regulation and commitment to fighting financial crime
- » Wealth Preservation in an Ever-Changing Environment
- » Why you Should be Investing in Gold Today
- » Zedra Funds sees strong demand for ESG focused funds and company structures as a future trend
- » Lowest Tax Countries: Top Three Pitfalls to Avoid in 2020
- » The Updated EU Blacklist And What It Means For The UAE
- » Benefits of Cyprus international trust regime
- » Most Impactful Economic Bubbles In History
- » What every business should consider during the "Year of the Coronavirus"
- » Get the Basics on What Causes a Currency Crisis
- » Cyprus: Notional interest deduction (NID) - Article 9B (Deduction on New Equity)
- » Cyprus tax residency and Non-domicile concept
- » Resolving disputes during the Covid19 pandemic - could online mediation be the answer?
- » Individual investment in Cyprus during COVID-19 pandemic
- » Gibraltar: Insolvency (Amendment) Bill 2020
- » Estate Planning - A General Overview
- » Cyprus company tax benefits and other relevant incentives
- » Company Formation Types in Malta
- » Zedra bullish on future for aviation and private marine industries, thinks structural changes will come
- » Four Surprising Benefits of Investing in Gold
- » Tax ID (Steuer-ID) in Berlin - Living in Germany
- » A World of Opportunity: Residency and Citizenship-by-Investment in UAE, Montenegro, St Lucia, and Malta
- » Why incorporate a company in Panama?
- May (9)
- » Understanding the Belize Offshore Trust Structure and Why You Need One
- » Your foolproof guide to filing taxes
- » COVID-19 and Transfer Pricing Considerations
- » Transfer Pricing in India
- » Estonian Tonnage Tax instead of Corporate Tax for maritime companies - no income tax on crew members' remuneration
- » Six Benefits Of Second Citizenship For The Entrepreneur
- » Why Gold is Appealing as an Investment
- » What are Banking Liquidity Ratios and Why Should You Care?
- » Holding Remote Board Meetings
- April (13)
- » Fine-Tuning of Certain Aspects of the Malta Legal Framework in Response to Coronavirus
- » Nine Practical Reasons to Open a Bank Account in Belize
- » Offshore Investing Tips: The Top 14 Reasons To Invest In Belize
- » Are family businesses better prepared to survive during economic turmoil, asks ZEDRA?
- » Better Ways to Day Trade Breakouts
- » The impact of COVID-19 on tax residency in Gibraltar
- » The 5th Anti-Money Laundering Directive and the Register of the Ultimate Beneficial Owners
- » Master the entrepreneurial mindset with these tips
- » Investing in the US: The Land of Opportunities
- » Company registration in Latvia, overview in a nutshell
- » Company Formation in Romania
- » Coronavirus Fiscal Assistance in Malta: Deferral of Payment of Certain Taxes
- » Why Belize is Amongst the Best for Offshore Banking
- March (9)
- » New Zealand Cryptocurrency and Initial Coin Offering (ICO)
- » Why You Should Choose Belize for International Banking Services
- » Seychelles Forex & Brokerage (FX) Seychelles Securities Dealer Licence
- » Open a Cryptocurrency Company in Ireland
- » Coronavirus: Luigi Wewege discusses risks to the Global Banking System
- » Luigi Wewege discusses the impact of coronavirus on global investors
- » How to set up your goals in the investment business
- » What is an FBAR and How Do I File One?
- » Hong Kong/China Report
- February (12)
- » Why Incorporate an offshore company in the British Virgin Islands?
- » Why Offshore Banking Should Be a Part of Your Financial Strategy
- » VAT debts and time to pay arrangements
- » Things to Know Before Making Big Purchases
- » Corporate income tax in Central and Eastern Europe: overview of basic rules and legislation
- » Opening a Retail Shop in Dubai
- » Eight Basic Steps to Setup Your Business in Dubai
- » Legislative Reform Programme (LRP): Commencement of Gibraltar's Financial Services Act 2019
- » What are the options to Start a Business in Dubai Free Zone
- » Dual Business License in Dubai
- » Free Zone Business Setup IFZA
- » Setting up a Fitness Centre in Dubai
- January (11)
- » Spa License and Business Setup in Dubai
- » Business Setup in DAFZA
- » Looking at Starting a Warehouse Business in Fujairah, UAE?
- » Business Setup in Dubai Gold and Diamond Park
- » Understanding the Functions of an Offshore Bank Account
- » Top Reasons for Choosing Cyprus Company Formation
- » General information about the lawyer profession in Romania
- » Guidance for High Value Dealers in Gibraltar
- » Get a Great Start to 2020 with an Offshore Banking Account
- » Seven Key Differences Between Common Law And Civil Law
- » US Limited Liability Companies - New Reporting Requirement for Single-Member LLCs
- December (14)
- 2019
- December (9)
- » How Brexit Will Affect UK Pension Transfers Abroad
- » UK votes for Brexit, significant regulatory and taxation changes to follow, thinks ZEDRA
- » Interested In International Banking In Belize? FAQs You Should Know
- » New Zealand Financial Services Provider (FSP) Registration: Recent Legal Requirements
- » Understand The Four Common Types Of Banking Institutions
- » Utilising Hong Kong For International Trade
- » New Zealand Limited Partnership: A full Tax-Exempt option for International Trade
- » Forex Risk Management
- » New Zealand Financial Services Provider (FSP) Registration: General information about NZ FSP
- November (18)
- » Setting up a Business in Canada: Limited Partnership in Canada
- » Setting up your Business Company in Malta
- » Business Opportunities in Malta
- » Advantages of Setting up a Business in Canada: Limited Partnership
- » Cyprus: An Excellent European Option For International Trade For Those Looking For A Sound Solution To International Developments
- » Panama Vs Belize - International Business Company Formation
- » Setting up a Business in Bulgaria
- » Malta: Amendments made to the Qualifying Employment in Innovation and Creativity (Personal Tax) Rules
- » What You Should Know About the Ins and Outs of the Belize Banking System
- » Advantages of Registering Your Business Company in Bulgaria
- » Incorporation in Hong Kong
- » Company Registration in Ireland
- » The Isle of Man: A World Leader in Cryptocurrency
- » Making Waves: The Advantages of EU Resident Seafarers Paying National Insurance in Malta
- » Belize Versus Panama - Which Offshore Foundation Should You Use
- » Company formation in Sweden, overview in a nutshell
- » Just what is offshore banking?
- » Cyprus Company without your presence
- October (15)
- » Why should cryptocurrency investors be interested in Portugal?
- » Malta Gaming Authority Publishes Guidance Document On Brexit Impact
- » Banking In Belize: Is It Still A Safe Option For You To Consider?
- » Understanding The Role Of International Banking In Belize's Economy
- » Gibraltar best placed for Double Taxation Agreements following signed UK treaty
- » 2019 International Tax Competitiveness Index Rankings
- » Major amendments to Taiwan Company Act on August 1, 2018
- » Top 3 International Banking Jurisdictions and What Makes Them the Best
- » Poland introduces a new VAT rate system starting from April 1, 2020
- » Manage Your Wealth with Offshore Banking in Belize
- » How to stay updated with the latest Tax Laws
- » Habibullah & Co. Newsflash
- » Take a tax holiday in Mauritius
- » Cyprus Virtual Office Services
- » Closing the Books on Three Offshore Banking Misconceptions
- September (5)
- » What You Need To Know About The Setup And Use Of An Offshore Corporation
- » Understanding Legislative Changes In Belize And How They Impact IBCs
- » Corporate Tax Migration to Malta - Option for Hong Kong Companies
- » Inventive Financing Options For Small Business Entrepreneurs
- » What is the difference between a SIPP, an international SIPP, and a QROPS?
- August (7)
- » Five Primary Examples Of Offshore Asset Protection Benefits In Belize
- » Gibraltar-Spain Tax Treaty
- » Golden Visa: the fastest way to obtain a European passport
- » PSD2 Implemented into Maltese Law: What Now?
- » Cyprus Holding Company Advantages
- » Malta: Consolidated Group (Income Tax) Rules, 2019
- » Tax benefits of Cyprus for foreign nationals
- July (12)
- » Nine Reasons Why You Need To Open An Offshore Bank Account Today
- » The revolution in the fight against aggressive tax planning
- » Inventive Financing Options For Small Business Entrepreneurs
- » Corporate Tax Benefits of Hungary
- » Exciting developments at the Maritime Week Gibraltar 2019
- » Importance of Financial Literacy for College Students
- » Cyprus Film Production Scheme
- » US Trusts for US and non-US clients
- » Inheritance and Property Tax
- » Brexit: Deal or No Deal?
- » How to Protect Your Small Business from a Data Breach
- » What are the Advantages and Disadvantages of Offshore Banking?
- June (7)
- » FAQs on Indian Permanent Account Number (PAN)
- » Indian Withholding tax rates under provision of Double Taxation Avoidance Agreement
- » Seven Trends in Offshore Banking
- » Three Advantages Of Belize Offshore Banking
- » Mauritius: Budget Brief 2019-2020
- » The Tax Benefits of Banking and Investing in Belize
- » Understanding Belize International Foundations - What You Need To Know
- May (3)
- April (5)
- March (15)
- » Cyprus Holding Company For Zero Taxes
- » Stamp Duty Land Tax Explained
- » Fifth EU Anti-Money Laundering Directive published
- » Taking Advantage of the UK ISA Allowance Before the Tax Year Ends
- » Malta introduces new guidelines for long term leasing, reducing the vat liability of pleasure yachts
- » EU VAT Number
- » Business Closure Procedure to Avoid Future Taxes
- » Interview with Emily A. Georgiades on Financial Crime by Gold Magazine
- » Increased Interest by High Net Worth Individuals of South Africa for the Cypriot Citizenship by Investment Program
- » A Few Tips for Automatic Exchange of Information Reporting
- » Estate and gift taxes in Cyprus - planning is needed
- » International Tax Landscape shake-up for Multinational Businesses
- » Massive legislation changes affecting Offshore Tax Regimes and Economic Substance Requirements
- » More Corporate and Tax Legislation Changes of Offshore Companies
- » Substance and De-offshorization
- February (8)
- » Setting up and running a business in Cyprus
- » Cyprus introduces stricter rules for citizenship by investment program
- » Cyprus Intellectual Property
- » Andorra for High Net Worth Individuals
- » How to Save Money When Starting a Business
- » BVI Companies make a move towards Tax Transparency
- » Knowing your rights as a victim of financial crime
- » Benefits of Starting a Business in Malaysia
- January (5)
- » Observations of the AGM of Association of Cyprus International Investment Firms
- » Cyprus IBC Capital
- » Three Key Considerations in Establishing your Virtual Currency Investment Fund
- » Lebanon: A Case Study on Efficient Inbound Investment - Tax Structures for Cross-Border Acquisitions
- » Nine Reasons to Work With a Professional When Filing Your Taxes
- December (9)
- 2018
- December (13)
- » Seven ideas for a perfect gift that cost nothing
- » Financial Advisor Hiring 101: What to Ask When Hiring For Your Business
- » The most popular countries in Europe with low taxes
- » Tax amnesty program in Panama for 2018
- » A Tax Advisors Point Of View - Is Malta A Viable Brexit Solution?
- » New rules for property tax and tax homesteads
- » Gibraltar publishes rules implementing EU rules against Tax Avoidance Practices
- » Notaries in Estonia will be empowered to certify documents via video link
- » The Cyprus Tax System Explained in a Simple Way
- » The Power of Sailing BVI Yacht Registration
- » The Intra-Corporate Transfer Regulations
- » 'The UK can unilaterally decide to Remain in the EU' - Advocate General, Court of Justice of the European Union
- » The Accounting Conundrum Solved - Accounting in the UAE Made Simple
- November (9)
- » Rocking Gibraltar
- » Investors: Applying For A Cypriot Passport? Read Our Guide
- » The Draft Withdrawal Agreement and Protocol on Gibraltar
- » Your Essential Guide to Offshore Companies in Dubai
- » Three Best Offshore Asset Structures in Belize
- » What You Need To Know About Standard Banking And Electronic Wallets
- » The Key to a Successful and Family-Friendly Career
- » European Commission proposes new Anti-Money Laundering Directive: 6AMLD
- » Gibraltar Association for New Technologies GANT
- October (9)
- » Financial Substance in Andorra - Part 1 of 2 - How And Why Did It Come About?
- » Financial Substance in Andorra - Part 2 of 2 - How To Comply With Substance In Andorra
- » CySEC: An Overview of the Cyprus Securities and Exchange Commission
- » Non-Residential Tax Returns in the UK
- » Time Is Running Out For Expats Behind on Taxes
- » GDPR WARNING: Why Not Shredding Your Data Could Cost Your Company Millions
- » Trust and Corporate Services Provider (TCSP) Licensing in Hong Kong
- » Cyprus: The Blockchain-friendly Island
- » Securing Your Children's Future with a Cyprus International Trust
- September (18)
- » 10 Most Common Tax Return Mistakes To Avoid
- » Cryptocurrency and Taxes - What You Need to Know
- » Why Getting HK Tax Residency Certificate & How to Benefit?
- » Investment Funds in Cyprus - A Guide for Global Investors
- » Why Should I Care About The FTSE 100?
- » Asset Protection: Your Personal Insurance
- » Why Switzerland Is The Best Place To Establish A Business
- » New type of funds (Cyprus): The Registered AIF (RAIF)
- » Understanding New York Real Estate Taxes
- » What are Fixed Indexed Annuities?
- » Cyprus Citizenship by Investment
- » Forming and Operating a Fund in Cyprus: A Guide for Emerging Cyprus Fund Managers and Investors
- » Cryptocurrency - a wallet or exchange?
- » Start-Up Dilemma: Things to Consider When Looking for the Perfect Office Space for Your Business to Grow
- » Investing in Self-Storage Real Estate
- » Estonia: Register of Beneficiaries in Force
- » Secure Crypto Currency to Physical Gold OTC Exchanges
- » Wolters Kluwer Tax Expert To Speak At Tax Reform Conference
- August (17)
- » Euro Exim Bank's Involvement with Blockchain Technology
- » Traditional Bank A/C Alternatives to Run Business
- » Iceland - Under The Radar Program
- » Launching an ICO through Cyprus
- » Is Your Significant Controllers Register (SCR) Ready?
- » 3 Simple Techniques For Contractors
- » Did you know that a $10K investment can get you a tax-free company and residency in Dubai ?
- » A Holistic Approach To Regulating Cryptocurrencies And Virtual Financial Assets In Malta
- » Quick overview of Seychelles Legal System
- » Seychelles Updates
- » Notional Interest Deduction (NID) Rules
- » Deduction For Transportation Cost Of Employees Rules
- » VAT Grouping Regulations
- » Malta Ahead Of The Game
- » Seychelles Tax treaties
- » Quick overview of Seychelles business tax
- » Gibraltar Budget 2018
- July (2)
- June (4)
- May (3)
- April (10)
- » Just Announced: 100% Ownership for Dubai Entrepreneurs
- » Why Hong Kong is Your Essential Business Hub
- » Lasting Powers of Attorney in Gibraltar - the Act comes into force
- » The How and Why: Redomiciling your Business in Singapore
- » GDPR - Key Aspects of the General Data Protection Regulation
- » Trademarks: What is the opposition process?
- » GDPR: What Do You Need To Know
- » Financial Advising: Accounting's New Look
- » Why register a trust in Cyprus?
- » How double taxation treaties work
- March (4)
- February (4)
- January (6)
- » Pension for Life: An Achievable Dream
- » Partnerships in Canada: tax haven or undesirable misfortune?
- » Benefits of Setting Up a Shams Free Zone Company In the United Arab Emirates
- » UAE's most dynamic free zone jurisdiction
- » The Future of Global Taxation
- » Common Standard Of Automatic Exchange Of Information On Tax Matters
- December (13)
- 2017
- December (7)
- » Branch Registration in Poland - Establish branch in Poland
- » Cryptocurrencies and the mainstream - bridging the gap to mass market adoption
- » Gibraltar - DLT Guidance Notes Published
- » The High Net Worth Individual Scheme
- » Middle East Faces Significant Challenges To International Business, Survey Finds
- » What impact will Brexit have on Gibraltar Cross-Border Mergers?
- » Tax minimization methods across the world
- November (4)
- October (7)
- » What you "token" about?
- » Legal "non-disclosure" overseas retirement planning
- » Why is it that more businesses blame poor results on currency movements?
- » Bitcoin Tax Strategies & Corporate Structures: Why Governments Worldwide are Scared of Bitcoin's Incredible Potential
- » Build an Offshore company in Hong Kong
- » Film Production Scheme to be introduced in Cyprus
- » ICO - the new way of fund raising for entrepreneurs
- September (3)
- August (3)
- July (3)
- June (8)
- » Fear Fintech? Embrace Fintech
- » Publication of Guidance Notes related to Automatic Exchange of Financial Account Information by Cyprus Tax Department
- » Law Firms and Marketing Strategy
- » Why will accountants, financial advisers and registrars lose their jobs in coming years?
- » Register of Beneficiaries in Estonia
- » Bitcoin, ethereum, crypto currency and block chain - the next industrial revolution - the new gold - from barter to bitcoin
- » Why partnering with a currency broker is a win for you and your clients
- » BEPS - What is it? & What is the cost on Africa?
- May (6)
- » Caribbean Flourishing Due to Citizenship by Investment
- » The New Zealand "Foreign Trust" regime vs the USA "Foreign Trust" Regime
- » How does one legally avoid paying more than 5% in taxes? Move your business to Malta!
- » Guide to the benefits of owning company shares through a discretionary trust
- » Four jurisdictions to start a company in
- » Global Tax Trends And Impact On Offshore Jurisdictions
- April (3)
- March (4)
- February (18)
- » Exactly which US expats have to file an IRS tax return?
- » The best citizenship by investment programs for 2017
- » Don't make these tax mistakes when you retire
- » How to get a Second Passport and Second Citizenship
- » Still the easiest place in the world to open an offshore bank account
- » Get second residency and pay no tax in these 19 tax-free countries
- » The fastest countries in the world to become a citizen
- » Cyprus introduces rules to implement Country by Country reporting requirements
- » Revised criteria for granting the Cypriot citizenship by investment
- » Potential Non-Dom Solutions: QNUPS
- » Tax Calendar 2017
- » Cyprus Investment Immigration Programmes
- » Reforms to the Taxation of UK Non-Domiciles
- » Potential Non-Dom Solutions: Trusts
- » Restarting the Clock: Residency Solutions for Non-Doms
- » Tax payers given rights to claim deemed deductions on Article 33
- » Declaration of an individual as a non-dom
- » Cyprus Tax Facts 2017
- January (4)
- December (7)
- 2016
- December (5)
- November (4)
- October (2)
- September (2)
- August (5)
- July (5)
- June (8)
- » The Corporate Governance Review - Cyprus 2016
- » Double Tax Treaty between Cyprus and Latvia signed
- » How Canada Taxes Real Estate Gains Of Non-Residents
- » Cyprus - Seychelles collaboration through the double taxation treaty
- » Eight Myths Regarding Being Non-Resident For Canadian Tax Purposes
- » Tax Issues for Non-Resident Actors & Entertainers in Canada
- » The Tax-Efficient Way For Foreign Corporations To Acquire Canadian Corporations
- » Why do online entrepreneurs need to structure their companies carefully?
- May (2)
- March (3)
- February (1)
- January (2)
- 2015
- December (3)
- November (2)
- October (2)
- September (1)
- August (3)
- July (3)
- June (3)
- May (2)
- April (4)
- March (4)
- January (4)
- 2014
- December (2)
- November (6)
- » NEWSLETTER: THE NEW PENSION FLEXIBILITY FROM APRIL 2015: THE DETAIL EXPLAINED
- » NEWSLETTER: THE NEW PENSION DEATH TAXES FROM 6.4.15 EXPLAINED
- » NEWSLETTER: NEW CAPITAL ADEQUACY REQUIREMENTS FOR SIPP PROVIDERS AND UNREGULATED INVESTMENTS WITHIN SIPPS
- » QROPS BULLETIN - NOVEMBER 2014
- » Controlled Foreign Companies (CFC) legislation voted by the State Duma
- » Migrating the residence of the target company from Costa Rican jurisdiction raises tax consequences
- October (2)
- September (5)
- August (5)
- July (1)
- June (9)
- » Banking in a Tax Haven isn't what it used to be!
- » Italian Tax Cuts
- » Part-Time Self-Employed Tax Submission
- » Life in the Sun: The Ease of Benefitting from Tax Residence in Malta
- » Cyprus Corporate Governance 2014
- » NEWSLETTER: HMRC tightening up on SSASs, unregulated product providers targeting PSLS, recycling issues, and an international pension conference
- » The Liability of Shareholders for the Tax Debts of a Company
- » Relief from Transfer Pricing for Controlled Foreign Companies
- » DFM Platform SIPP
- May (4)
- » The Dispute Resolution Review [Cyprus], Sixth Edition, Editor Jonathan Cotton
- » QROPS BULLETIN - MAY 2014
- » Malta Individual Investor Program - Facilitating Citizenship Through Investment in the Republic of Malta
- » NEWSLETTER: SIPP opportunities, new investment challenges for IFAs and delays in SSAS registration
- April (3)
- March (6)
- » Thin Capitalization in India
- » NEWSLETTER: Budget 2014: Important changes to pensions
- » QROPS BULLETIN - MARCH 2014
- » NEWSLETTER: Reallocation of assets/Beware if setting up a new scheme to beat the end of the tax year/UK pensions for non-UK residents
- » INSIGHT SIPP
- » Important Things about Home Insurance it is Imperative You Know
- February (8)
- » Murdoch and News Corp Receive $882m Australian Tax Rebate
- » Tom Perkins Believes that Taxes will lead to 'Economic Extinction' of the 1%
- » Weariness of Refund Fraud Heightens as Tax Season Returns
- » QROPS BULLETIN - FEBRUARY 2014
- » NEWSLETTER: CHANGES COMING INTO FORCE ON 6TH APRIL 2014
- » International Civil Fraud - Cyprus
- » New Online Pension Products And Services For Advisers
- » DFM Platform SIPP
- January (3)
- 2013
- December (1)
- November (6)
- October (6)
- » Seminar Invitation: QROPS/QNUPS/IHT Implications/New Platform/Fund Management and Online SIPP
- » Cyprus: Does the Boomerang Really Come Back Sometimes?
- » QROPS BULLETIN: OCTOBER 2013
- » The Importance of Planning
- » Why Malta?
- » NEWSLETTER: Protection update and more reasons why everyone needs to save more
- September (1)
- August (4)
- July (7)
- June (6)
- » Incentives for Third Country Nationals to Invest in Cyprus - Significant Improvements
- » QROPS BULLETIN: JUNE 2013
- » Introducing the ACORN LITE SIPP for Regulated Investments & Bank Accounts
- » Inheritance Tax U-Turn: Expats Must Plan Ahead
- » Landmark Supreme Court Judgment on the Rights of Depositors
- » Newsletter - June 2013
- May (7)
- April (3)
- March (7)
- » Return to 120% of GAD and ensuring SSASs are properly run
- » QROPS for Financial Advisers QROPS Choice
- » Forming a company in Monaco
- » Increase in Minimum Annual Tax Burden in Luxembourg and Restructuring Solution
- » Announcing the Launch of an Isle of Man QNUPS
- » Monaco Residency - easy process?
- » Why consider Monaco?
- February (11)
- » UK Publishes Draft Legislation on Offshore Companies Which Own UK Property
- » New 'Approved Manager' Regulations for Hedge Funds
- » Announcing the Launch of a Guernsey QNUPS
- » Changing Gears - Investment Funds in the British Virgin Islands are Moving from Strength to Strength
- » Asset Tracing Recovery Tools in the BVI
- » Depardieu, taxes and untrodden paths
- » Why you Should Choose the BVI for your Fund
- » Fast and Simple in BVI
- » Guide to Incorporating Companies in the BVI
- » QROPS: An Overview of Jurisdictional Differences
- » QNUPS: An Overview of Jurisdictional Differences
- January (7)
- » New Modifications to the Commercial Code
- » QROPS BULLETIN: JANUARY
- » Why isn't offshore dying?
- » Laws part of the Memorandum agreed for financial assistance to be provided by the Troika voted by Cyprus Parliament
- » The Autumn Statement 2012
- » Dubai - Property ownership through company structures
- » Money Laundering
- 2012
- December (2)
- November (7)
- » The Cyprus International Trusts
- » Increase in minimum annual tax burden in Luxembourg
- » Panama's Banking Center Reports Almost 12% Growth in Assets
- » Why do business in Bulgaria?
- » Setting up an LLC in Dubai
- » BVI Law Holds Even Keel Between Rights of Investors and Rights of Mutual Funds
- » A CHOICE OF NEW SIPPS
- October (8)
- » Offshore Companies Owning UK Residential Property Need To Take Urgent Action
- » QROPS BULLETIN OCTOBER
- » Announcing the Launch of the QROPS TRANSIT SIPP
- » Unisex GAD rates and a new service for defined benefit schemes
- » Will Cyprus collapse?
- » ARBITRATION AS EXPEDITED OPTION FOR CONFLICT RESOLUTION
- » Incentives for third country nationals to invest in Cyprus
- » Insight SIPP For Sophisticated Investors
- September (6)
- » Property in SIPP/SSAS and Death Benefit Trap
- » QROPS Bulletin September
- » Panama - Training, Tax Deductible
- » NEWSLETTER: SIPP cash rates, Unisex GAD rates, annuity rates worsen even more - and opportunities for IFAs!
- » SIPP / SSAS: COMMERCIAL PROPERTY MATTERS
- » SIPP / SSAS: COMMERCIAL PROPERTY MATTERS
- August (12)
- » QROPS BULLETIN
- » NEWSLETTER: Warnings for SSASs and those with Enhanced/Fixed Protection, property and illiquidity issues and the true costs of pensions
- » Form a Singapore Company
- » Offshore Companies Owning Uk Residential Property Need To Take Urgent Action
- » U.S. Law Jeopardizes the Panamanian Banking Secrecy
- » The Professional's Toolkit Shelf Companies
- » Weathering the storm
- » Funds article for New Europe
- » Bearer shares: are their days numbered?
- » QROPS BULLETIN August
- » Incorporation In Hong Kong
- » A gateway to the booming Asian market
- July (3)
- June (5)
- May (6)
- » Trusts & Foundations - The Best Tools for Giving...
- » NEWSLETTER: Pensions post 6.4.12 – the new Rules explained
- » Why you should consider Switzerland as part of your international tax planning arrangements?
- » A Different Style : VISTA Trusts 8 years later
- » Securities and investment business regulations in the British Virgin Islands
- » VAT Yacht Leasing Scheme
- March (4)
- February (1)
- January (7)
- » Cyprus Hydrocarbons Exploration and Exploitation: the Legal Framework and Licensing for hydrocarbon reserves in Cyprus' Exclusive Economic Zone
- » Cyprus Investment Firms
- » Outward Investment from Canada - The Offshore Perspective
- » Trade Marks in Cyprus: Registration, Protection and Infringement of Trade Marks and Community Trade Marks in Cyprus
- » The Document Keeping Requirement
- » The Professional's Toolkit - Shelf Companies
- » International Financial Centre Profile
- 2011
- December (3)
- October (5)
- September (2)
- August (5)
- July (6)
- June (2)
- May (6)
- » QROPS / QNUPS: Jurisdictional differences matter to Clients
- » Panama Pacifico: Gateway to the Americas
- » Income Tax Implications for Non-Residents Investing in Canadian Real Estate
- » QROPS Bulletin May 2011
- » QROPS Proposition: SIPP Specialists Hold a Unique Market Position
- » QROPS: Choice of Jurisdictions on Isle of Man
- April (3)
- March (4)
- January (3)
- 2010
- December (2)
- October (1)
- May (3)
- April (2)
- March (1)
- February (1)
- January (1)
- 2009
- October (1)
- September (1)
- August (2)
- April (1)
- January (1)
- 2008
- November (1)
- September (1)
- July (1)
- 2007
- 2006
- 2005
- September (1)
- June (1)
- 2004
- April (1)
- 2003
- 2002
- August (1)
- June (1)
- May (1)
- 2001
- June (1)
- May (1)
- March (1)
- 2000
- November (1)
- October (1)
Event Listings
Listings for the leading worldwide conferences and events in accounting, investment, banking and finance, transfer pricing, corporate taxation and more...See Event Listings »