Author: Dmitry Kucheryuk

The Seychelles, like many other so-called tax havens are rushing to introduce amendments to existing legislation to be excluded from the list of non-cooperative countries that the EU has created…

Is the Cyprus banking sector considered to be overcrowded? If you look at the population size of Cyprus, you will most probably come to the conclusion that yes, it is…

The recent developments on limited Cyprus’ Double Tax Agreement with Russia, and subsequent implementation of the Controlled Foreign Corporation rules in Ukraine have caused many to speculate that they will…

How it all began For more than 10 years, our company has been successfully opening bank accounts for our clients. During this time, we have accumulated a vast experience in…

Cyprus is experiencing another banking collapse. Currently, Cyprus Co-operative Bank is going through a difficult time. This passes unnoticed among most foreigners and it is not surprising – the bank’s…

On June 14th 2018, the Central Bank of Cyprus sent a letter to all financial institutions in which he urged Cypriot banks to close down bank accounts for sham companies.…

I was recently reading The Economist and in one of the more notable articles, the author gave recommendations to Donald Trump to not abuse the leading position of the US…

Recently, I read a new issue of a weekly magazine The Economist, which had an article on assets hidden in offshore accounts. The material claimed that most of the money…

The Cypriot press and the government are in a hurry to convince everyone that the financial crisis of 2013 that led to the closure of Laiki Bank and the loss…

Cyprus unification negotiations in Switzerland have failed due to Turkey’s stance on keeping military bases in Cyprus and rights to intervene in the internal affairs of United Cyprus. Turkish troops…