Latest Corporate News

Cyprus implements revised tax treatment for intra-group back-to-back loans

Wednesday, October 11th, 2017

The Cyprus Tax Department issued a circular with amendments relevant to the corporate tax treatment concerning intragroup back-to-back finan...
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New Cyprus Tax Residency Law – Cyprus tax residency in 60 days

Wednesday, August 9th, 2017

The Cyprus government has recently introduced a law that grants individuals the opportunity to become Cyprus tax residents under the conditi...
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2017 Provisional Tax Declaration

Thursday, July 20th, 2017

It is important that all Cyprus tax resident Companies that are expected to make a profit in 2017 submit their provisional tax return form, ...
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TAX UPDATE JULY 2017

Thursday, July 13th, 2017

The Cyprus Tax Department (CTD) has informed the Institute of Certified Public Accountants in Cyprus (ICPAC) of their intention to abolish t...
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Bvi New Disclosure Of Information Law

Friday, May 26th, 2017

The Government of the British Virgin Islands (“BVI”) has agreed to exchange information of Ultimate Beneficial Ownership (“UBO”) und...
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UAE, Dubai Bank Secrecy & Shareholders’ Confidentiality

Thursday, May 18th, 2017

It is common knowledge that the UAE’s banking system is more efficient and applies more effective policies than most countries around the ...
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Cyprus will sign the Multilateral Instrument of the OECD on the 7th of June 2017

Monday, May 15th, 2017

The Cyprus government declared its intent to sign the ‘Multilateral convention to implement tax treaty related measures to prevent Base Er...
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New Tax Practice on Intra-Group Loan Facilities

Wednesday, May 3rd, 2017

INTRODUCTION In February 2017, the tax department in Cyprus announced its plan to end the existing tax practice in regards to minimum accept...
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NEW CYPRUS DOUBLE TAX TREATIES HAVE ENTERED INTO FORCE RECENTLY

Thursday, April 27th, 2017

Cyprus has extended its double tax treaty (DTT) network after having introduced its new DTTs with Iran and Jersey. Cyprus – Iran DTT The...
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Apply to Cyprus Securities & Exchange Commission

Monday, April 10th, 2017

Those applying to CySEC for a CIF license are required to include an operation manual consisting of company procedures and policies, a busin...
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