Re-domiciliation of foreign companies to Cyprus
A. INTRODUCTION As from 28.7.2006, the Companies Law Cap.113 (the “Law”) has been amended and the re-domiciliation of foreign companies to Cyprus is permitted, as per the provisions of the Law.
Cyprus introduces legislation implementing the provisions of the EU Anti – Tax Avoidance Directive
A. INTRODUCTION The Cyprus House of Representatives has recently voted a new law transposing the provisions of the European Union Anti-Tax Avoidance Directive (the “ATAD” or “Directive”) into the local legislation.
Amendments to the Prospectus Law – L.114(I)/2005
NO OBLIGATION TO PUBLISH A PROSPECTUS FOR PUBLIC OFFERING OF SECURITIES UP TO €5.000.000 A. INTRODUCTION On 19 April 2019, the House of Representatives passed Law No. 57(Ι)/2019 amending the Public Offering and Prospectus Law No. 114(I)/2005, (the “Prospectus Law”).
Listing on the Regulated Market of Cyprus Stock Exchange
E. LISTING PROCESS Depending on the method of listing, market and complexity of the issuer, the listing preparation and procedure can be summarized as follows: (Please refer on our website for the chart)
The Alternative Investment Fund (aif)
A. INTRODUCTION Cyprus is dynamically positioning itself as one of the top emerging investment fund centres in Europe. The fully upgraded and modernised legislative and regulatory framework, which is in full compliance with the European legislation, has enhanced competiveness and has placed the country in the league of important jurisdictions for the Alternative Investment Funds …
Film Industry In Cyprus And Its Future – The Cyprus Film Scheme
A. INTRODUCTION The Cyprus Film Scheme (the “Scheme”) which was drafted in accordance with European regulations, the objective of which is to promote the European culture and to provide investment aid for small and middle-sized enterprises (the “SMEs”), was approved in September 2017 as a means for promoting and advancing the film industry in Cyprus.
Blockchain Services In Malta
Malta as your Blockchain Jurisdiction of choice Malta is the perfect jurisdiction for your blockchain business. It is the first jurisdiction to effectively introduce a holistic regulatory framework targeting all the cryptocurrency and blockchain business.
The Alternative Investment Fund for Limited Number of Investors
A. INTRODUCTION Cyprus is dynamically positioning itself as one of the top emerging investment fund centres in Europe. The fully upgraded and modernised legislative and regulatory framework, which is in full compliance with the European legislation, has enhanced competiveness and has placed the country in the league of important jurisdictions for the Alternative Investment Funds …
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The Registered Alternative Investment Fund
A. INTRODUCTION Cyprus is dynamically positioning itself as one of the top emerging investment fund centres in Europe. The fully upgraded and modernised legislative and regulatory framework, which is in full compliance with the European legislation, has enhanced competiveness and has placed the country in the league of important jurisdictions for the Alternative Investment Funds …
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The Taxation Of Benefits In Kind In Cyprus
1. INTRODUCTION The Tax Department has announced in October 2018 its intention to terminate the previous tax practice in relation to the benefits in kind, and instead provide clear guidelines as to the proper valuation of the benefits in kind, for the purpose of consistency, clarity and uniformity, clearing any ambiguities. The broad definition of …
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