International Referral, the world’s largest exclusive network of advisory firms is delighted to introduce Soteris Flourentzos of Soteris Flourentzos & Associates LLC. Soteris has joined IR as our exclusive Banking & Finance member in Cyprus. Soteris Flourentzos is the founder and managing director of Soteris Flourentzos & Associates LLC. Soteris has 12+ years of broad […]
Kindly note that a webinar will be held on Wednesday 29/04/2015 entitled ‘Cyprus companies and the need for Substance’. The webinar starts at 11:00 EEST (Limassol / Athens). Time: 11:00 EEST (Limassol / Athens) Duration: 30 minutes (approx.) There are limited places available so REGISTER NOW to secure your participation. Considering the ever intensifying initiatives […]
SUBSECTION (2) OF SECTION 111A OF THE CIVIL REGISTRY LAWS(2002) of the Republic of Cyprus provides that the Council of Ministers may, under any conditions it determines to be appropriate, allow the Naturalization by exception of foreign investors. By virtue of its most recent decision dated 19 March 2014, the Council of Ministers has revised […]
Subsection (2) of Section 111A of the Civil Registry Laws (2002) of the Republic of Cyprus provides that the Council of Ministers may, under any conditions it determines to be appropriate, allow the Naturalization by exception of foreign investors. Thus by virtue of its most recent decision dated 19 March 2014, the Council of Ministers […]
International Referral, the world’s largest exclusive network of advisory firms is delighted to introduce Liza Loucaides – Theophanous of L. Loucaides -Theophanous LLC. Liza has joined IR as our exclusive Commercial Law in Cyprus. I have founded L. Loucaides-Theophanous Lawyers Limited Company and since then I managed to create a well-known and respected Law firm, […]
International Referral, the world’s largest exclusive network of advisory firms is delighted to introduce Mariella Theophanous of L. Loucaides -Theophanous LLC. Mariella has joined IR as our exclusive Commercial Law in Cyprus. Current: Lawyer – Partner at L. LOUCAIDES – THEOPHANOUS LLC. Previous: Employer: Permanent Representation of Cyprus at the Council of Europe – Strasbourg, […]
5 Risks you might face when closing down a Company in Cyprus Webinar invitation Date: Wednesday 18/03/2015 Time: 11:00 EEST (Limassol / Athens) Duration: 30 minutes (approx) Questions: Time will be allocated at the end of the session THE WEBINAR Closing down a Cyprus company can be a challenging and lengthy task. The difficulties faced […]
On 18 November 2014, the Federal Law “On Amendments to Part One and Part Two of the Tax Code of the Russian Federation (taxation of the profits of controlled foreign companies and the income of foreign companies)”, was passed by State Duma and approved by the Federation Council on 19 November 2014. It was finally […]
Introduction:Until 31.12.2014, the place of supply ( therefore the country that vat was charged) for the abovementioned services when the customers were non-taxable persons( not registered in vat) was the country the supplier was located. As from 1.1.2015, this change and for such activities, the place of supply is considered to be the country the client resides. BackgroundThe […]
Introduction This paper discuss about dividend income and when it is taxed in Cyprus, Article 33 of the Cyprus Tax Law, the treatment of loans other than B2B, the treatment of loans outstanding receivables and the treatment of interest received from bank current accounts. Dividend received I) Income tax According to the Cyprus tax legislation […]
INTRODUCTION Cyprus is not only an attractive business location for holding, financing and other passive investment activities. Thanks to a wealth of fiscal and other advantages, Cyprus also forms a very appealing proposition for establishing companies with commercial activities. If substance is implemented by international business companies it can lead to very important benefits, including […]
– Date: Wednesday 09/12/2014 – Time: 11:00 EEST (Limassol / Athens) – Duration: 30 minutes (approx) – Questions: Time will be allocated at the end of the session Deoffshorisation is here – it is reality, not a myth! It had been widely rumoured that the Russian Government would ‘back-off’, that there would be significant relaxations […]