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UAE, Dubai Bank Secrecy & Shareholders’ Confidentiality

May 24, 2017 2:11 pm

It is common knowledge that the UAE’s banking system is more efficient and applies more effective policies than most countries around the world. This is no exception when it comes to protecting shareholder’s personal information. The UAE companies are not subject to harmful tax practices, meaning they do not have different tax regime for resident […]

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New Tax Practice on Intra-Group Loan Facilities

May 24, 2017 2:09 pm

INTRODUCTION In February 2017, the tax department in Cyprus announced its plan to end the existing tax practice in regards to minimum acceptable margins on loans given to related parties. The reason the tax department has decided to terminate the specific tax practice is that the tax system of Cyprus has to comply with the […]

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NEW CYPRUS DOUBLE TAX TREATIES HAVE ENTERED INTO FORCE RECENTLY

May 24, 2017 2:08 pm

Cyprus has extended its double tax treaty (DTT) network after having introduced its new DTTs with Iran and Jersey. Cyprus – Iran DTT The Cyprus – Iran DTT has officially been introduced and will come into effect on the 1st of January 2018. The DTT is in accordance to the OECD Model Tax Convention structure […]

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Apply to Cyprus Securities & Exchange Commission

April 25, 2017 6:17 am

Those applying to CySEC for a CIF license are required to include an operation manual consisting of company procedures and policies, a business plan, questionnaires answered by the company’s board members, shareholders and managers as well as the company’s organisational structure. The CIF’s board is required to comprise of two executive directors or more as […]

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