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taxation
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Action Plan for attracting Foreign Companies to Cyprus
- November 2, 2021
- Posted by: Panos
- Category: Immigration, Investments, News, Taxation
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The Cypriot Ministry of Finance presented this month an Action Plan for attracting companies to operate or expand their activities in Cyprus, aiming to make the island a sustainable business hub. The key points of the presented Action Plan are briefly summarised below: Transformation of the existing Fast Track Business Activation Mechanism into a Business
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F.C.I. Ltd Tax News – Amendments to the VAT Law
- March 12, 2021
- Posted by: Panos
- Category: Accounting & Finance, News, Taxation
An amendment published in Cyprus’ official Gazette on 20 August 2020 makes the following main changes to the Cyprus VAT law 1. New definition of legal person (Article 2 of the main Act) The amendment introduces a new definition of “legal person” for purposes of the VAT law, to clarify that the term includes a
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F.C.I. Tax Calendar 2021
- February 26, 2021
- Posted by: Panos
- Category: News, Taxation
Financial Consultants International (F.C.I. Ltd) offers the Tax Calendar as a tool for better planning of business tax obligations for the current year. Each End of the month Payment of PAYE deducted from employee’s salaries of previous month. Payment of tax withheld on payments made to non-Cyprus tax residents, interest or rent paid in the
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Post-COVID19: Relocation, Investment Strategies and Opportunities
- June 16, 2020
- Posted by: Panos
- Category: Fiduciary, Investments, News, Taxation
The economy worldwide, following the pandemic of COVID-19, has major issues to face. Likewise, the Investors and Shareholders need to re-assess and re-set their strategies. Part of such re-assessment can be the issue of relocation of head-quarters or part of their company or group functions. Such decision may result in serious tax savings. Evaluation of