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03 Nov, 2020
Based on the principle established in Salomon v Salomon, a company upon its incorporation acquires a legal personality separate from its members. Among others, the company is responsible for...
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02 Nov, 2020
Capital Gains Tax (CGT) in Cyprus is imposed at the flat rate of 20% on the following sources of income: Gains from...
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03 Sep, 2020
Cyprus is seen as one of the most attractive shipping hubs in the world. A number of ship management companies operating in Cyprus are considered amongst the largest of their type. Cyprus is a member of many...
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04 Aug, 2020
Cyprus has established a local trust legislation that is a combination of the English Trustee Act of 1925 and the International Trust Law No.69 (I)/92 as amended by Law 20(I)/2012. When forming an International trust, Cyprus provides a...
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01 Jul, 2020
Cyprus has an attractive merger and reorganisation regime between Cyprus entities and cross-border, at EU level. The companies obtain many advantages as a result of merger and reorganisation such as...
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30 Jun, 2020
Cyprus AIF Regime: In July 2018 the Republic of Cyprus replaced the original Alternative Investment Fund (AIF) Law of 2014 and introduced a more modern and improved regime for AIFs...
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26 Jun, 2020
VAT Rates in Cyprus are now at 19% (the general one), 8% , 5% and 0%. The general tax environment in Cyprus offers great opportunities and incentives to Cyprus companies of foreign ownership as...
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22 Jun, 2020
It is well known that a Cyprus holding company has many tax advantages which are so great that they make it the absolute tool for international tax planning and optimization...
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18 Jun, 2020
Some countries in the world have low corporate or personal income taxes. For instance, Monaco and UAE residents enjoy a 0% income tax. Malta, Cyprus, Portugal, and Spain offer special programs to...
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17 Jun, 2020
In Cyprus, trusts are governed by a specific legal framework which constitutes a combination of English and Cyprus law, the Principles of Equity and Statute Law (the Trustees Law of Cyprus, Cap 193), which is...
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