Companies central UBO register
Summary: The Cyprus AML Law has been amended on 18 February 2021 in order to introduce into local law the provisions of the 5th AML Directive 2018/843. The Law provides for the establishment of the following registers as to...
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Tax Residency in Cyprus
Tax Residency in Cyprus Philippos Hadjizacharias Managing Partner PHS & Partners 12/04/2021 Individuals Tax residency rules for individuals As per Income Tax Law, a person physically residing in Cyprus for more than 183 days in any calendar year is...
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BAHRAIN: The new business center
BAHRAIN: The new business center Stefania Katodrytou Corporate Officer PHS & Partners 24/03/2021 Following the signed Double Tax Treaty between Cyprus and Bahrain along with Bahrain’s current business environment, it should be well noted for a possible business expansion...
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British Virgin Islands to unmask secret company owners
British Virgin Islands to unmask secret company owners The ownership of hundreds of thousands of companies registered in one of the world’s most secretive financial jurisdictions is to be made public for the first time. The British...
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Cyprus company formation straightforward procedure
Cyprus Company Formation Cyprus Company Formation As the Cyprus market becomes more attractive to investment due to the low corporate tax, PHS has developed the corporate structure on Cyprus Company Formation. The Cyprus Companies Law Cap 113, provides for a...
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4 Corporate & Tax Tips For Cyprus
Cyprus Corporate & Tax Tips One of the main goals of registering a Cyprus company is to take advantage of the Cyprus tax legislation and the low corporate tax rate along with all other advantages Cyprus is offering...
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