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Dutch & Cyprus: Amendments to Avoid Taxation

September 8, 2016 1:31 pm

New Delhi: The government has solved the ambiguity in the double-tax avoidance agreement (DTAA) between Singapore and Mauritius. However, it is called to make amendments to the DTAAs made with the Netherlands and Cyprus to make sure that companies will be subject to tax in only one jurisdiction. Tax advisors have explained that the existing […]


Guidelines to Cyprus Investment Firms concerning the condition of binary options services

September 8, 2016 1:30 pm

A circular has been issued by the Cyprus Securities and Exchange Commission (CySEC) to all Cyprus Investment Firms (CIFs) the organization controls. The circular concerns the condition of binary options services. The Investment Services, Activities, and Regulated Markets Law of 2009 outlines the conduct of business conditions that CIFs are required to observe and apply. […]


Companies Obligated to Present Register Containing “Persons with Significant Control”

September 8, 2016 1:29 pm

Recent amendments made to company legislation have subjected UK companies and those having interest in UK companies, to new requirements. According to the new obligations, UK companies are currently obligated to present register with Persons with Significant Control (PSC). The register is required to include the complete details of UK companies’ beneficial owners. The PSC […]


UAE & UK signed double tax agreement

September 8, 2016 1:28 pm

The United Arab Emirates (UAE) Ministry of Finance (MoF) and the UK recently signed a double tax agreement in the MoF ministry in Dubai. The double tax agreement strives to boost trade and economic ties between the two countries as well as avoid taxing companies and individuals twice. The double tax agreement was signed by […]