Compliance Review- Cyprus Investment Firms Compliance Review- Cyprus Investment Firms Kyriakos Tramountanellis x / Friday, August 12, 2022 0 109 Article rating: No rating Our observations/comments during the review of some of our clients Compliance Reviews taken place in 2022 Read more
New Audit Requirements New Audit Requirements Kyriakos Tramountanellis x / Wednesday, August 10, 2022 0 171 Article rating: No rating Read more
Διευρυνσή πλαισίου για την προσέλκυση εταιρειών στην Κύπρο. Διευρυνσή πλαισίου για την προσέλκυση εταιρειών στην Κύπρο. Kyriakos Tramountanellis x / Friday, August 5, 2022 0 94 Article rating: No rating Με 50 ψήφους ψηφίστικαν τα νέα μέτρα που έχουν ως σκοπό τη προσέλκυση εταιρειών στη Κύπρο. Read more
Introducing ICARA - New Cysec Requirement for Cyprus Investment Firms Introducing ICARA - New Cysec Requirement for Cyprus Investment Firms Kyriakos Tramountanellis x / Friday, August 5, 2022 0 203 Article rating: No rating The Article is written for the Cyprus Invesment Firms, is the Cysec Requirement for the Internal Capital Adequancy Review assesment. Read more
Director Responsibilities & Misconceptions Director Responsibilities & Misconceptions Kyriakos Tramountanellis x / Thursday, August 4, 2022 0 93 Article rating: No rating The article intends to provide knowledge to the average reader in a summarised and simplified manner regarding the Company's Director's responsibilities. Read more
Difference between a subsidiary company and a branch in Greece Share Written By CYAUSE LTD Tags branchcyauseGreece company formationGreece investmentsubsidiarysubsidiary greece 2022-03-18 Foreign companies have the possibility to establish two types of entities in Greece: branches or subsidiaries. Below you can find the main differences between the two: Subsidiary The Subsidiary it is a legal identity independent from the parent company. The parent company controls the subsidiary company, because it holds a major percentage of the shares and capital of the business. However the subsidiary company runs independently from the parent company taking its own risks, and taking into account the regulations and norms of the country it’s in. Branch The branch form is the secondary establishment of the parent company, located in another area. The main difference is that the parent company controls and directs the branches, they have a subordinate relationship because the branch cannot function without the parent company. Do you want to find more of difference with regards to the Legal Personality of the two, Responsibilities and Management, but also the Tax Accounting issues that migh arise? Read the full article to Atlas Website here. Are you interested in establishing a Subsidiary or Branch in Greece? CYAUSE Audit Services Ltd was formed in 2011 in Nicosia. With more than 25 years of experience in the field, Mr Tramountanellis (director) has formed an excellent reputation of excellence and professionalism in the accounting profession. CYAUSE Audit Services Ltd managed to provide continuously a full spectrum of services to its international and local clientele, from offshore and onshore incorporation and licensing of investment firms to accounting, audit and tax services to local and international entities and groups. Source: Atlas Consulting