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News / 2015 News

2015 News

UK Government Amendment to DTA Residence Articles
22 Dec. 2015
UK Government Amendment to DTA Residence Articles
According to UK’s tax authority HM Revenue and Customs (HMRC), changes will be made to the view of interpretation of the company residence articles in 16 double taxation agreements (DTAs).
Guernsey and Shanghai sign MoU
22 Dec. 2015
Guernsey and Shanghai sign MoU
According to an official press release, Guernsey Finance on behalf of Guernsey’s financial services sector has signed a Memorandum of Understanding (MoU) with the Shanghai Family Office Union (SFOU...
Liechtenstein is “largely compliant” by OECD
22 Dec. 2015
Liechtenstein is “largely compliant” by OECD
The Global Forum on Transparency and Exchange of Information for Tax Purposes recently rated Liechtenstein as “largely compliant” with the Organisation for Economic Cooperation and Development...
Shinhan Bank targets Dubai through new DIFC branch
22 Dec. 2015
Shinhan Bank targets Dubai through new DIFC branch
On December 8 2015 South Korea’s Shinhan Bank opened an office Dubai’s International Financial Centre (DIFC) in the UAE.
Office Closure and Holiday Wishes
17 Dec. 2015
Office Closure and Holiday Wishes
Merry Christmas and Happy New Year
Cyprus: New Tax Incentives to Attract Foreign Investment
14 Dec. 2015
Cyprus: New Tax Incentives to Attract Foreign Investment
Following a recent meeting, the Cyprus House of Parliament announced a series of new tax aiming to enhance Cyprus’ economy and attract foreign investment.
British Virgin Islands: China's tax haven of choice
26 Nov. 2015
British Virgin Islands: China's tax haven of choice
The British Virgin Islands (BVI) have been channeling investments into and out of China for a long time now and benefiting from substantial financial services business from Chinese individuals and...
Mauritius as the most competitive economy in Africa region
26 Nov. 2015
Mauritius as the most competitive economy in Africa region
In accordance with the most recent World Economic Forum (WEF) global competitiveness report which states that Mauritius has overtaken South Africa as the most competitive economy (both in the...
BVI Changes to Legislation
25 Nov. 2015
BVI Changes to Legislation
The BVI has recently announced a number of changes relating to its Anti-Money Laundering (AML) and Counter Terrorist Financing regimes and its Business Companies Act legislation. With these new...
Cyprus – Switzerland Double Tax Treaty enters into force
06 Nov. 2015
Cyprus – Switzerland Double Tax Treaty enters into force
The Double Tax Treaty that was signed between Cyprus and Switzerland on 25 July 2014 entered info force on October 15 and has now been ratified by Switzerland and will come into effect as from 1st...
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