Accounting & Finance
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Annual Statutory Obligations for Cyprus Entities
- January 14, 2019
- Posted by: Panos
- Category: Accounting & Finance, Taxation
No CommentsAnnual Statutory Obligations for Cyprus Entities Cyprus Companies, Partnerships, Self Employed & Cyprus Branches of Foreign Companies Every Month Book-keeping records are required to be maintained on monthly basis. If Entity is an Employer Payment of tax deducted from employees of the previous month. Payment of social insurance and related funds withheld from employees of previous
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Substance of a Cyprus Entity
- December 14, 2018
- Posted by: Panos
- Category: Accounting & Finance, Fiduciary, Immigration, Investments, Taxation
The global trend of tax jurisdictions and the recent international court cases, demonstrate the necessity to ensure that there is no discrepancy between the form and substance and the effective management and control from the specific jurisdiction as claimed. Moreover, the latest developments for the international exchange of information between tax authorities of different jurisdictions
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Cyprus tax resident, non-domiciled
- November 1, 2017
- Posted by: Panos
- Category: Accounting & Finance, Taxation
International, tax exemptions on worldwide income The introduction of the non-domiciled (non-dom) tax resident status in the Cyprus tax system in 2015 gives additional incentives to high-net-individuals to relocate to Cyprus or to continue carrying out their business operations or investment from the Republic of Cyprus. The non-domiciled status provides tremendous opportunities to businessmen that
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NEW IMMIGRATION
- March 8, 2017
- Posted by: Panos
- Category: Accounting & Finance, Immigration, Taxation
On 13th of September, the Cyprus Council of Ministers has approved the amendments to the Scheme for Naturalisation of Investors in Cyprus by Exception. The Scheme is based on subsection (2) of section 111A of the Civil Registry Laws of 2002-2015. The aim of the Government is to further attract foreign direct investment especially by
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