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  • Cyprus closes its IP Box. Or maybe not?

    Cyprus closes its IP Box. Or maybe not?

    Costas Tsielepis & Co Ltd, Chartered Accountants

    18 Nov, 2016

    Cyprus seemingly closed its Intellectual Property Box last month in order to fully comply from now on with the relevant OECD recommendations relating to BEPS Action 5. Things though may not be what they seem...
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  • The Cyprus Patent Box: A new  beginning or an end?

    The Cyprus Patent Box: A new beginning or an end?

    Costas Tsielepis & Co Ltd, Chartered Accountants

    09 Jun, 2016

    Intellectual Property (IP) is progressively becoming one of the most important assets for multinational and global corporations, especially given the significance of a ‘brand’. Choosing the appropriate tax jurisdiction for...
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  • Cyprus amends its IP regime

    Cyprus amends its IP regime

    Costas Tsielepis & Co Ltd, Chartered Accountants

    29 Mar, 2016

    The Cyprus Ministry of Finance recently announced an amendment to the island's Intellectual Property (IP) tax regime...
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  • Bahrain Company Formation

    Bahrain Company Formation

    Healy Consultants Group PLC

    23 Oct, 2014

    Bahrain is extremely welcoming of international entrepreneurs and the establishment of business startups, due to the small country relying heavily on tourism and foreign investment. There are a number of advantages of Bahrain company registration...
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  • Buying and selling citizenship is quite a thriving business

    Buying and selling citizenship is quite a thriving business

    Kitty Miv, Editor

    11 Sep, 2013

    It's a small thing, heaven knows, when set against the backdrop of a general picture of rapidly increasing taxes, but we should congratulate Spain's Minister for Public Works Ana Pastor who announced plans to reduce, by 5 percent, the fees charged for the use of port infrastructure by vessels, passengers and freight, and an 8.5 percent reduction in port property occupation tax. Together the cuts will be worth just EUR50m, but what is important is that they support trade and they show that at least one part of the Spanish Government has the right priorities.
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    Tags: G20


  • Pace Mr Lamy, it has been a good week for trade

    Pace Mr Lamy, it has been a good week for trade

    Kitty Miv, Editor

    04 Sep, 2013

    As Pascal Lamy bids goodbye (31st August) to the World Trade Organization, he will regret that he was unable to bring the world's squabbling nations into alignment in the Doha Round; but he can reflect that the playing field of the world of trade is a far more level place than when he took office eight years ago, and surely he can take the credit for much of this.
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    Tags:


  • For A Bankrupt Spanish Government, Lionel Messis USD 13 Million Tax Bill Is Not Enough.

    For A Bankrupt Spanish Government, Lionel Messis USD 13 Million Tax Bill Is Not Enough.

    Freemont Group

    03 Jul, 2013

    The economic crisis is now hitting Southern Europe most popular sport. 2 Months ago, the Spanish Minister of Finance Cristóbal Montoro, in his desperate attempt to blow up the state budget, requested all professional football players in Spain to make sure their tax returns have been filled in correctly and all taxes have been paid.
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    Tags:


  • Untaxing your Intellectual Property

    Untaxing your Intellectual Property

    Freemont Group

    01 Mar, 2013

    Every business that possesses intellectual property should look at whether it is feasible to reduce its tax burden through international tax planning. Intellectual Property (IP) is the term given to the legal rights attached to certain assets which are not tangible. Examples are: ideas, concepts, inventions, written works. The inventor or originator of an idea possesses the legal right to exclusively use, enjoy and benefit from the idea.
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