Currently very few AIFs operate in Cyprus. However demand as well as desire for their incorporation and set up and onwards management is growing day by day. An asset for both foreign investors looking to establish a Fund in Cyprus as well as High Net Worth Individuals...
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Cyprus informative directory for EU nationals & others for rights and freedoms within the EU Internal Market
The EU internal market consists of four basic freedoms being: A. free movement of goods B. free movement of capital C. free movement of services D. free movement of persons These freedoms can be sub categorized to correspond to specific fields and effectively there...
EU co-ordination of Social Security Coverage & Taxation
Europe’s coordination of Social Security Coverage has enabled EU citizens to secure their rights and benefits in any EU Member State they choose to live, work or both. The EU rules on social security coordination apply in the EU, Iceland, Liechtenstein, Norway and...
Cyprus Social Insurance Pension Rights on EU Nationals
The Social Insurance Rights of the nationals of every country who emigrate or are employed temporarily abroad can be secured through special provisions of the national legislation of the country they reside, bilateral or multilateral agreements on social security and...
Cyprus’ Housing Loans to be converted from CHF to Euro currency at the initial buying rate; at what cost?
Moody’s has recently made warnings and caution regarding the dangers involved if the Parliamentary Committee on Financial and Budgetary Affairs follows the report held out by the Cyprus Central Bank ("CBC") which seeks solutions in converting all non-performing...
Cyprus hosts its first Integrated Casino Resort in 2016: Synopsis & Facts
Earlier this year Cyprus Parliament voted in favor and passed the Law to Regulate the Establishment, Operation, Function, Control and Supervision of a Casino and Related matters of 2015, providing for the operation and regulation of a casino and casino games in the...
Volkswagen Fraud Case: Facts & Updates [A Mucky Business]
The developments around the VW scandal are unraveling rapidly in the past 3 weeks since September the 18th. The German leading carmaker had been found to be in violation of US Clean Air Laws according to EPA Regulations (Environmental Protection Agency) by knowingly...
Cyprus – Tax Facts for Individuals and Companies 2015
Cyprus – Tax Facts for Individuals and Companies 2015 Individuals: Imposition of Tax An individual who is tax resident in the Republic of Cyprus is taxed on income accruing or arising from sources both within and outside the Republic. An individual, who is not tax...
Cyprus IP Box – A leader in every aspect
Why Cyprus? In May 2012 the Cyprus Government has introduced growth measures which amongst others included a package of incentives and tax exemptions relating to income from intellectual property rights, aimed at stimulating investment in research and development....
Expert Tax and Estate Planning
Estate planning is the collection of preparation tasks that serve to manage an individual's asset base in the event of their incapacitation or death, including the bequest of assets to heirs and the settlement of estate taxes. In other words, it is the process of...
