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Cyprus New Tax Incentives

September 4, 2015 7:42 am

In an effort to stimulate economic growth and attract investment from abroad, the Republic of Cyprus has made certain amendments on taxes which benefit foreign investors who conduct business activity via the island. The proposed tax reforms also offer a new boost to the island’s economy. The House of Representatives voted and passed the main […]

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Cyprus: Domicile under Cypriot Tax Law

August 20, 2015 12:59 pm

Up until recently, non-Cyprus residents enjoyed most of the benefits offered by the Cyprus Tax Regime. Therefore, in order to benefit from all the advantages offered by the Tax Regime, an individual had to be considered as a non-Cyprus resident. The reason the Cyprus Tax Regime was constructed in this way is simple as initially […]

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Introduction

August 20, 2015 12:57 pm

In an effort to stimulate economic growth and attract investment from abroad, the Republic of Cyprus has made certain amendments on taxes which benefit foreign investors who conduct business activity via the island. The proposed tax reforms also offer a new boost to the island’s economy. The House of Representatives voted and passed the main […]

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What is required to open an offshore account?

August 20, 2015 12:55 pm

Offshore banking is viewed negatively by most because it is linked to money laundering, top secrecy and tax evasion. However, reality is that it is legal to set up an offshore account and anyone can do so as long as he/she meet certain requirements. The majority of expats open offshore accounts in order to access […]

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