New draconian sanctions from America, regime change in Iran, restriction or even exclusion of partnerships with Politically Exposed Persons, and the list of cooperation restrictions is getting longer. Ultimately how is cooperation defined as safe or harmless? Are there people who are considered as ” blacklisted ” with whom any provision or receipt of services and/or goods is prohibitive? More […]
This article aims to give our clients an insight on the rather new era of cryptocurrencies and Initial Coin Offerings (ICOs), and share the latest standards, regulations and guidance updates issued worldwide. Read more here
BVI’s new economic substance legislation The British Virgin Islands are rushing to pass by the end of December the new economic substance legislation to avoid the EU’s blacklist of tax haven jurisdictions. The new legislation will introduce economic substance requirements for all companies and limited partnerships which are registered and tax resident in […]
Norwich Pharmacal Orders: Supreme Court orders electronic disclosure and appoints IT expert to safeguard compliance The Supreme Court of Cyprus has recently upheld a judgement of a District Court by which the latter ordered electronic disclosure of numerous trading accounts of the applicant Mr. Dababou (the “Applicant”), against MetaQuotes Software, the well-known Forex trading platform. […]
Here we see Clinton Morrow (right) of Charltons meeting Demetris Demetriades (left) of Andreas Demetriades & Co in Hong Kong. Clinton also met new IR member Safak Herdem of HERDEM during this time.
The Cyprus Tax Department issued a circular EE24 dated 22nd August 2018 and announced that the necessary legal implementation procedures for the application of the double tax treaty between Cyprus and United Kingdom have been finalised by the two countries. The Treaty was signed on the 22nd March 2018 and applied from 18th of July 2018. The treaty […]
Joint ventures can be an efficient and effective way to access new markets, develop new products or explore new industries. They can be operational in nature, or passive if they […]
Read moreThe Cyprus Tax Department issued the tax circular EE25 on the Non Return Capital Contributions. NRCC refers to when a Cyprus company contributes to the net assets of its foreign subsidiary company without the latter issuing new shares. The tax circular is in Greek so please find below a brief translation of the requirements that […]
The Cyprus Tax Department issued a circular EE24 dated 22nd August 2018 and announced that the necessary legal implementation procedures for the application of the double tax treaty between Cyprus and United Kingdom have been finalised by the two countries. The Treaty was signed on the 22nd March 2018 and applied from 18th of […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Panos M. Anastasiou of PMA & Co. Ltd. Panos has joined IR as our exclusive Tax (Accountants) Member in Cyprus. PMA & Associates Ltd is a dynamic growing professional firm of Chartered Accountants which was incorporated in 2009 in Cyprus and offers […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Ioanna Demetriou of P. N. Kourtellos & Associates LLC. Ioanna has joined IR as our exclusive White Collar Crime Member in Cyprus. P. N. Kourtellos & Associates LLC is a multi service commercial law firm based in Limassol, Cyprus, focusing on specific […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Dr. Pavlos Neofytou Kourtellos of P. N. Kourtellos & Associates LLC. Pavlos has joined IR as our exclusive White Collar Crime Member in Cyprus. P. N. Kourtellos & Associates LLC is a multi service commercial law firm based in Limassol, Cyprus, focusing […]
