Latest Posts

Cyprus Citizenship

January 23, 2017 1:58 pm

The Cyprus Citizenship by Investment Programme was recently amended. The particular programme grants Cyprus Passports. The minimum investment requirement has been reduced to €2.5 million. Previously the minimum was set at €5 million. It is noteworthy that the sum of €2 million minimum investment is accepted under the condition the funds are invested in residential […]

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New Cyprus-Iran Double Tax Treaty & Benefits

December 1, 2016 1:03 pm

Cyprus and Iran approved a new Double Tax Treaty in August 2015. Due to the friendly tax regime and wide Double Tax Treaties network, Cyprus is viewed as the ideal jurisdiction to conduct business and invest in as well as out of Iran. Outline of Cyprus Tax Regime Cyprus’ Double Tax Treaty network is extensive. […]

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CRS & Transparency

November 8, 2016 10:35 am

The UK first introduced the Disclosure of Tax Avoidance Schemes (DOTAS) in 2004. The legislation was one of the first that dealt with transparency and disclosure. Due to the continuous introduction of the Organization for Economic Cooperation and Development (OECD) Common Reporting Standards (CRS), the label, No Safe Havens, first introduced by UK’s HMRC publication […]

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INTERNATIONAL TRANSPARENCY & DOMESTIC LEGISLATION CHANGES

November 1, 2016 8:42 am

International Transparency & Domestic Legislation Changes concerning Compliant Tax structures for the Russians Global Tax transparency has been introduced and clients are obligated to reveal their global corporate and private arrangements. What needs to be done? The article that follows outlines the changes made to the legislation, which affect the status of corporations and what […]

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