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News / 2017 News

2017 News

Cyprus Tax Residency in only 60 days!
28 Jul. 2017
Cyprus Tax Residency in only 60 days!
A new bill was voted on Friday 14 July by the Parliament of Cyprus amending the Income Tax Law giving the right to an individual who spends more than 60 days in Cyprus to acquire Cyprus tax...
OECD takes aim at CRS avoidance schemes
11 May. 2017
OECD takes aim at CRS avoidance schemes
On 5 May 2017, the OECD’s Centre for Tax Policy in an effort to sustain the Common Reporting Standard’s (CRS) integrity, released “a disclosure facility on the Automatic Exchange Portal which...
Belize and Cayman to adopt BEPS Minimum International Tax Standards
10 May. 2017
Belize and Cayman to adopt BEPS Minimum International Tax Standards
OECD announced on April 13 that Belize and the Cayman Islands have become Associate members participating in the base erosion and profit shifting project and committing to implement minimum BEPS...
Seychelles International Business Act
10 May. 2017
Seychelles International Business Act
In December 2016 the Seychelles International Business Act of 2016 was enacted and replaced previous legislation on international business companies in the Seychelles.
EU Directive to protect shareholders rights and encourage transparency
09 May. 2017
EU Directive to protect shareholders rights and encourage transparency
The European Council (EC) recently adopted a directive aimed at reinforcing corporate governance through shareholders' engagement and proxy regulation in large European companies.
Cyprus – India tax treaty enters into force
09 May. 2017
Cyprus – India tax treaty enters into force
A new double tax treaty between Cyprus and India was signed in Nicosia on 18 November by Mr Ravi Bangar, High Commissioner of India to Cyprus, on behalf of India and Mr Harris Georgiades, Minister...
How to become a Cyprus non-dom tax resident
08 May. 2017
How to become a Cyprus non-dom tax resident
An individual is considered to be a Cyprus Tax Resident if he/she is present in Cyprus for more than 183 days in a calendar year, after which a Tax Residency Certificate is issued.
WORK PERMITS FOR CYPRUS COMPANIES
08 May. 2017
WORK PERMITS FOR CYPRUS COMPANIES
As an alternative route obtaining residency in Cyprus by investment, there is another options that many of our clients often prefer. That is by obtaining work permits for Cyprus companies that they...
How to accept credit card payments online
26 Jan. 2017
How to accept credit card payments online
Many clients come to us with the same question: “how to accept credit payments online“. Well, if you have the same question, then you have come to the right place! In this article, we explain the...
Tax Treaty Updates
25 Jan. 2017
Tax Treaty Updates
We summarise below the latest tax treaty updates.