Getting to know the UBO & selecting the right advisor
Why the latest directive on UBOs is critical to combat corporate crime When the 5th Anti-Money Laundering Directive was introduced into law by the UK and EU in January 2020, […]
Read moreCyprus
Dealing with Brexit and Cyprus Company Relocation
As the intricate implications of Brexit are yet to be fully realized, many business owners are considering options for maintaining close business ties within the European Union. The UK government has voted on a deadline of January 1, 2021 as the final marker of the Brexit transition period, many UK nationals weigh options to relocate […]
Marina ZevedeouCEO, Aspen Trust Group
CYPRUS: An Update on the Central Register of UBO(s)
CYPRUS: An Update on the Central Register of UBO(s) Globally, it has been highlighted the importance and the need for extended transparency, in business and corporate entities, to combat money laundering, terrorist financing and more generally, the abuse of the financial systems by criminals. The European Union, in the aftermath of Panama Papers and Terrorist […]
Stelios AmericanosManaging Partner Advocate-Corporate and Commercial, Stelios Americanos & Co LLC
SMPA Advisory Ltd joins IR as the exclusive Accounting Services Member in Cyprus
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Savvas Papasavvas of SMPA Advisory Ltd. Savvas has joined IR as our exclusive Accounting Services Member in Cyprus. SMPadvisory|Global is an experienced accountancy practice based in Limassol, Cyprus. We’re a firm of chartered accountants and registered auditors supporting entrepreneurs and businesses to […]
Savvas PapasavvasPartner, SMPA Advisory Ltd
European Blockchain Observatory and Forum – Expert Panel
It is our great pleasure to announce that our partner Dr Charis Savvides has been invited to join the Expert Panel of the European Blockchain Observatory and Forum. The European Blockchain Observatory and Forum is a European Commission initiative to accelerate blockchain innovation and the development of the blockchain ecosystem within the EU and in that manner […]
Stelios AmericanosManaging Partner Advocate-Corporate and Commercial, Stelios Americanos & Co LLC
Rejection of Applications and Revocation of Cyprus Citizenship
THE LEGAL CHALLENGES OF THE ADMINISTRATION The Cyprus Investment Program seemed problematic from the beginning and even the amendments could not save and protect the abuse of the Program. The Cyprus Government decided to terminate the Program with final submission date the 30th of October 2020 after amending the Law regulating the Citizenship by Investment […]
Stelios AmericanosManaging Partner Advocate-Corporate and Commercial, Stelios Americanos & Co LLC
Home Sweet Home: Residency options and succession planning for high net worth individuals
Living, working and dying in the digital age The baby boomers of the 1960s will have the dubious distinction of being the first generation who will continue to live on […]
Read moreLong-Term Strategic Business Opportunities in Cyprus
Cyprus Business / December 9, 2020 With a 21.9 billion Euro total GDP in 2019 and ranking 54th in the world for doing business, the Republic of Cyprus has experienced a continuous expansion which has transformed its economy to a thriving business environment and an investment hotspot. Structural reforms alongside a range of financial incentives for international commerce have translated […]
Marina ZevedeouCEO, Aspen Trust Group
Cyprus Alternative Investment Funds
The significant progress achieved in the Cyprus investment funds industry is expected to be further boosted, thanks to the additional flexibility and competitiveness recently brought forward in the alternative investment fund (AIF) structures and the “Mini Manager” regime. In this presentation, our Law Firm outlines the key characteristics of the AIF structures, including certain benefits […]
Stelios AmericanosManaging Partner Advocate-Corporate and Commercial, Stelios Americanos & Co LLC
International Expansion: Building your Business Overseas
Despite these uncertain times, expanding overseas can be a key driver for future growth for an ambitious business. International expansion can breathe new life into a company, drive huge value […]
Read moreThe Aspen Trust Group named “Leading Service Providers” for Cyprus International Film Production Incentives
PRESS RELEASE—The Aspen Trust Group was recently named by the Washington Times in a news article as a leader among corporate service providers with an eye for the “unrealized” potential of Cyprus as the next big film production destination. The international film production incentives offered by the Cypriot government provide huge financial advantages for film production […]
Marina ZevedeouCEO, Aspen Trust Group
Cyprus And Russia Agree On A Protocol To Amend The Double Tax Treaty Between Them As From 1st January 2021
CYPRUS AND RUSSIA AGREE ON A PROTOCOL TO AMEND THE DOUBLE TAX TREATY BETWEEN THEM AS FROM 1ST JANUARY 2021 The agreement was concluded on the 10th of August 2020, between the Cypriot Finance Minister Mr Constantinos Petridis and the Russian Deputy Prime Minister Mr Alexei Overchuk. The two main changes increase the withholding tax […]