The term “migrant” has been defined by the International Convention for the Protection of the Rights of all Migrant Workers and Members of their Families as a person who is to be engaged, is engaged or has been engaged in a remunerated activity in a country of which he or she is not a national. […]
Elevate | JULY 2017 Dear Principals, Welcome to this month’s McBurney Business Tips Newsletter. It’s full of useful and inspiring content on business improvement. Watch the short video on key business tips and read about a success story from one of our small business clients. Want to know more? We’re here to help anytime. […]
According to the findings of the IMD World Competitiveness Yearbook 2017 – a research group at the IMD business school in Switzerland – UAE is shortlisted in the top 10 most competitive countries in the world in 2017, a significant increase from the 15th place in 2016. The research is based in 260 parameters, two […]
The Cabinet of Ministers approved on the 15th of February, 2017 a scheme aiming to attract foreign investment to Cyprus through the granting of incentives to third-country (non-European Union) innovative start-ups. The scheme operates on a pilot basis for a duration of two years, starting from February 2017 to February 2019. During the two-year period, […]
CYPRUS CITIZENSHIP Download our Cyprus Citizenship Guide and get insights about the Cyprus Citizenship Program Cyprus Citizenship Guide
As per the statistics issued by Eurostat, approximately 840.000 people acquired a European citizenship in 2015, compared to 890.000 in 2014 and 980.000 in 2013. In particular, 3.322 people acquired the Cyprus Citizenship in 2015, the majority of which were formerly of Russian origin (34,3%), 8,8% from the United Kingdom and 8,0% from Greece. […]
VAT on the supply of building land – Cyprus 12 June 2017 VAT on the supply of building land – Cyprus According to the eight schedule of the Cyprus VAT Law, the supply of Land is exempt from VAT, hence any sale of plot of land in Cyprus is not subject to VAT. But […]
On 22 May, eprivateclient announced the names of its 2017 Top Trust Companies and recognised Minerva Trust & Corporate Services Limited amongst its top 32. This followed eprivateclient’s comprehensive, in-depth look at over 100 of the United Kingdom and Crown Dependencies’ leading fiduciary service providers for international private clients. Commenting on the accolade, Steven Bowen, […]
What is Corporate Governance: By definition, corporate governance refers to the way in which the companies are governed and controlled and to what purpose. It is concerned with practices and procedures so as to ensure that companies are run in such a way that they achieve their goals and missions. From the perspective of shareholders, […]
Based on the statistics provided by the Registrar of Companies and Official Receiver, there is generally a stable increase in the number of registrations of Cypriot entities during the last 5 years. In particular, 13.645 new companies were registered in 2016, which shows a sharp increase of 21,1% compared to prior year (2015: 11.270). Based […]
World Bank Group ranks 190 countries based on their ease of doing business through the Doing Business 2017 Annual Report. The parameters include, and are not limited to, the number of procedures, days for completion, cost and minimum paid-up capital required. The report analyses 190 economies on 11 parameters of business processes. Based on the 2017 […]
The Cabinet of Ministers approved on the 15th of February, 2017 a scheme aiming to attract foreign investment to Cyprus through the granting of incentives to third-country (non-European Union) innovative start-ups. The scheme will be applicable to third-country investors, either individuals or groups, who wish to found an innovative business in Cyprus. The start-up capital […]