Archive for June, 2013

Cyprus: The Upcoming Moldavian Partner

Our long lasting experience enables us to fully understand the needs of your business and contribute towards its success. In this publication, we will concentrate on the business development
between Cyprus and Moldova in the context of the new Double Tax Treaty signed during 2008 and enforced from January 2009. Furthermore, we will endeavour to understand the benefits offered by Cyprus as well as the purpose served by the Cypriot companies as holding, financing and licensing investment companies.

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Cyprus: A Gateway For The Qatari Investments

Irrespective of the tax benefits, it is important to mention that Cyprus is a common law jurisdiction and its Companies’ Law is based on the UK Companies Act of 1948. During the last few decades it has become known as an international financial center, located at the crossroads of three continents: Europe, Asia and Africa. Overall, Cyprus offers a unique European base for international
business companies.

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Cyprus: A Business Partner To The Czech Republic

Our long lasting experience enables us to fully understand the needs of your business and contribute towards its success. In this publication, we will concentrate on the business development between Cyprus and the Czech Republic in the context of the new Double Tax Treaty signed in April 2009 and enforced from January 2010. Furthermore, we will endeavour to understand the benets oered by Cyprus to the Czech business world and the international cross border business, as well as the purpose served by the Cypriot companies as holding, nancing and licensing investment companies. We will close our publication, with the suggested application and the use of the international collective investment schemes set up in Cyprus as
well as the benets obtained by an International Cyprus Trust.

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Cyprus-Ukraine, Kyrgystan & Tadzhikistan: A Long Lasting Inheritance

Since 2004, Cyprus has become an official member of the EU and has implemented all EU Directives, thus obtaining all the tax benefits granted to intra-community transactions. Cyprus has expanded the applicability of the tax benefits obtained by the EU Directives to all third countries by incorporating the provisions of the EU Directives in its national legislation.

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Cyprus A Gateway For Indian Cross Border Transactions

Since 2004, Cyprus has become an official member of the EU and has implemented all EU Directives, thus obtaining all the tax benefits granted to intra-community transactions. Cyprus has expanded the applicability of the tax benefits obtained by the EU Directives to all third countries by incorporating the provisions of the EU Directives in its national legislation.

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Cyprus Tax Facts 2013

In May 2010 the Cyprus Parliament enacted The Merchant Shipping (Fees and Taxing Provisions) Law of 2010 (the “Law”) which applies retrospectively from 1st January 2010 and which introduces the new Tonnage Tax (TT) Regime. This Law has extended the favourable benefits applicable to owners of Cyprus flag vessels and ship managers, to also include owners of foreign flag vessels and charterers.

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