Intellectual Property in Cyprus
What are the benefits of registering your Intellectual Property in Cyprus? Intellectual Property can be one of the most valuable assets of an entity. If IP is critical to your business, choosing the right location for the centralisation...
Read moreCyprus. One Big Filming Plateau
Filming in Cyprus The financial prospects of the lucrative film and TV industry has been on the Cyprus Government agenda for the last few years as it is evident that the island offers unique qualities when it comes...
Read moreRussia and Beneficial Ownership of Income
In June 2018 the Russian Federal Tax Service issued internal guidelines to its tax inspectors on how to determine who is the Beneficial owner of the income and how to treat these cases with practical and hands on examples....
Read moreRules governing derivatives on virtual currencies
In accordance with European Securities and Markets Authority’s decision on 27 March 2018, Contracts For Differences (“CFDs”) on virtual currencies are included into the scope of its product intervention measures and in addition are considered as financial instruments under...
Read moreWhat you should know on the amendment on VAT legislation for transactions involving immovable property
As part of the harmonization process with the European Union, the Republic of Cyprus must also comply with the EU VAT Directive (2006/112/EC). A major aspect of VAT harmonization was the addition of VAT on the sale of land,...
Read moreCYPRUS – TAX INCENTIVES FOR CORPORATIONS
In continuance to our recent article in regards to tax saving incentives for individuals; we would like to present to you some of the most important changes enacted over the last few years as far as companies are concerned....
Read more