Tax Strategy for individuals & Companies Tax Strategy for individuals & Companies Kyriakos Tramountanellis x / Friday, July 15, 2022 0 85 Article rating: No rating In this article we are exploring several ways to optimize your Tax Strategy. Whether a Stand-Alone Business, a Group, or a High Net Worth Individual (HNWI). Read more
CYAUSE Plan for Cyprus on how to recover Covid-19 Crisis CYAUSE Plan for Cyprus on how to recover Covid-19 Crisis Kyriakos Tramountanellis x / Tuesday, July 12, 2022 0 69 Article rating: No rating In this short article we are explaining how Cyprus economy can recover Covid-19 crisis. Read more
Procedure for Trading in Cyprus Procedure for Trading in Cyprus Kyriakos Tramountanellis x / Tuesday, July 12, 2022 0 74 Article rating: No rating There are two ways you can trade in Cyprus; as a physical person or as a Company. Each option has its own distinct characteristics, tax benefits and different legal protection however you can if you decide to trade in these simple steps Read more
SME - Innovation Vouchers Programme Budget up to €1.7M SME - Innovation Vouchers Programme Budget up to €1.7M Kyriakos Tramountanellis x / Monday, July 11, 2022 0 65 Article rating: No rating The Research and Innovation Foundation (RIF) announced the new Call for Proposals of the «Innovation Vouchers» Programme, the budget is up to €1.7M Read more
Cyprus Funds Cyprus Funds Kyriakos Tramountanellis x / Friday, June 24, 2022 0 81 Article rating: No rating Cyprus Funds, a detailed analysis of why is so Popular in Cyprus. Read more
Clarifications about sanctioned persons and Cyprus response to persons from Russia and Belarus Share Written By CYAUSE LTD Tags Cyprus response sanctionsCyprus sanctionsembarcoFAQsqueriesrussiasanctionssanctionscomplianceukraineukraine and russian 2022-04-19 Just released by our regulator, ICPAK Extract The Institute of Certified Public Accountants of Cyprus with the current Circular presents its members with a number of clarifications on derogations and common questions in relation to the EU Sanctions imposed against Russia and Belarus. The clarifications have been obtained through the Q&A provided by the European Commission as well as responses obtained through the specialized working group established by the government to deal with the coordination and the process of implementation of the financial sanctions. The questions are listed below with the answers as provided by the working group: Q1: Based on European Commission Opinion of 29/8/2019, the provision of services to sanctioned persons/entities could be allowed provided that the service is strictly limited to what is absolutely necessary for the person to continue to exist and strictly limited to essential activities without which the person would not be able to function legally. Could it be inferred that the provision of audit services to sanctioned persons is allowed, especially considering the fact that the Cyprus’s Companies Law does not provide for any exemptions to the statutory audit, requiring that all companies, irrespective of size, undergo a statutory audit? Click the link for the FAQs