Liquidation vs Strike Off of Cyprus Companies - Short Overview Liquidation vs Strike Off of Cyprus Companies - Short Overview Kyriakos Tramountanellis x / Thursday, August 4, 2022 0 105 Article rating: No rating In this Article we are explaining the difference between Liquidation and Strike Off for Cyprus Companies. Read more
Reporting Deadlines for CIFs Reporting Deadlines for CIFs Kyriakos Tramountanellis x / Monday, August 1, 2022 0 66 Article rating: No rating In this article we share the Reporting deadline dates for CIFs. Read more
Cyprus Investment Firms - Class 2 CIFs - Changes on Capital Adequacy Reports Cyprus Investment Firms - Class 2 CIFs - Changes on Capital Adequacy Reports Kyriakos Tramountanellis x / Monday, August 1, 2022 0 81 Article rating: No rating This article should be read in conjunction with the article "Cyprus Investment Firms - Changes to Capital Requirements and Reporting". Read more
6 Tips for a Successful Bank Account Opening Application 6 Tips for a Successful Bank Account Opening Application Kyriakos Tramountanellis x / Thursday, July 28, 2022 0 97 Article rating: No rating In our previous Article Opening a Bank Account in Cyprus we have explained the procedure and the documentation needed to open a bank account in Cyprus, below we are providing 6 tips to make the procedure easier and to avoid common mistakes. Read more
Cyprus Payroll - With Examples Cyprus Payroll - With Examples Kyriakos Tramountanellis x / Tuesday, July 19, 2022 0 225 Article rating: No rating Cyprus has an attractive payroll system with payroll tax consisting of PAYE tax (Pay As You Earn), Social Security Tax, and National Healthcare Tax (GESY). 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