Latest Posts

Dubai: Opening a bank account

October 6, 2015 11:40 am

If an individual is an owner or a part owner of a registered onshore or offshore company in Dubai, then he/she is able to set up a corporate bank account for the company. Furthermore, Dubai allows residents and non-residents to open private bank accounts. The emirates also allow companies that are not based in Dubai […]

Read more...

Cyprus Investment Firms

October 6, 2015 11:36 am

The Cyprus Investment Firms Law 144(I)/2007 includes the legislation concerning investment terms and subsidiary services as well as particular policies concerning capital requirements, the setting up of branches, supervision and authorization of Cyprus Investment Firms (CIFs). In order to be granted CIF authorization, applicants must make a formal application and meet particular requirements. The most […]

Read more...

Cyprus enhances migration benefits

September 18, 2015 11:00 am

After two critical years, the economy of Cyprus is finally starting to stabilize. Over two years have passed since the island’s banking sector crashed, where the government was obligated to sequestrate deposits over €100,000 in order to stop the entire country from collapsing financially. Since March 2013, Cyprus’ economy has revived. Cyprus has lifted all […]

Read more...

Amendments to the Cyprus – South Africa DTA

September 18, 2015 10:58 am

Cyprus and South Africa signed a Protocol modifying their current Double Taxation Agreement (DTA) on 1 April this year. The existing DTA was signed back in 1997 and was introduced in December 1998. The Protocol reevaluates three sections included in the 1997 DTA. These sections are the exchange of information, withholding taxes on dividends as […]

Read more...