News

Under the Cyprus Companies Law, Cap 113 (hereinafter the ‘’Law’’), all private limited companies are required to adopt articles of association (hereinafter the ‘’AoA’’) and

Building headquarters in Cyprus – Substance Substance is defined as the actual presence of a company in its country of registration. In order for a

Introduction Based on the principle established in Salomon v Salomon, a company upon its incorporation acquires a legal personality separate from its members.  Among others,

Capital Gains Tax (CGT) in Cyprus is imposed at the flat rate of 20% on the following sources of income: Gains from disposal of immovable

Cyprus and Russia entered into a Double tax Treaty (DTT) back in 1998 in a joint effort to avoid the double taxing of income and

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