FACTSHEET #7 – U.K. COMPANIES RESIDENT IN CYPRUS
Certain changes to legislation in U.K. have opened the door for U.K. incorporated companies to be treated as non residents.
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Certain changes to legislation in U.K. have opened the door for U.K. incorporated companies to be treated as non residents.
The taxation of companies is based on tax residency. Companies will be considered resident in Cyprus and taxed in Cyprus if they are managed and
Responsibility for the development of maritime activities lies with the Ministry of Communications and Works. Its authority and jurisdiction are exercised through the Department of
The importance of Cyprus as an international commercial centre has increased greatly following the accession of Cyprus into the European Union on 1 May 2004
Recent amendments for a Cyprus Company Law, Cap 113, has provided for the following:• Foreign companies can be re-domiciled in Cyprus; and• Cyprus registered companies
The current legal regime in relation to the granting of C.I.F. authorization is regulated by the law N 144 (I)/2007, “Law that provides for the
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