Cyprus new strategy for attracting investments in the country
Cyprus government presented its new strategy to attract companies in the country, placing an emphasis on high-tech, research and innovation companies.
Corporate Tax
Beneficial Owner Register of Cyprus companies and Trusts.
The Cyprus Anti Money Laundering Law 188(I)/2007 has been recently amended for the purposes of introducing into local law the provisions of the 5th AML Directive 2018/843.
8 reasons to form a holding company in Cyprus.
There are many reasons foreign corporations or entrepreneurs take the decision to form a holding company in Cyprus. Here we sum up the 8 most important reasons why they decide to form a holding company in Cyprus.
Losses carried forward for Cyprus companies.
The tax loss occurred after a tax year and which cannot be set off against other income is carried forward subject to conditions and is set off against the profits of the next five years.
Tax exemptions and incentives for Startup investors.
Investors willing to invest in innovative startups in Cyprus, now have a good reason to do so. Tax exemptions and various other incentives apply.
Obligations of Cyprus Companies
Incorporating a Cyprus Company is an easy and fast procedure, but what about the obligations regarding tax and statutory reporting?
Re-domiciliation of a company in Cyprus. Why, and how is done?
Many countries allow foreign companies to change their jurisdiction of incorporation. This kind of legislation permits the “re-domiciliation” of a company, meaning changing the “seat of incorporation” into or out of the jurisdiction.
Intellectual Property in Cyprus. Basic questions answered.
The country is a great jurisdiction for registration of intellectual property as it combines the copyright protection laws of European Union with the signed treaties and protocols that the republic has signed.
Deductible expenses for income tax purposes of a Cyprus company.
In this article we share some points of the deductible expenses (excluded expenses) from the calculated income tax of a Cyprus company.
Why doing business in Cyprus?
Many international businesses are relocating in Cyprus to setup a company, a branch, a holding company or other structures like partnerships and trusts. There are many factors that make Cyprus an attractive environment for doing business.
