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Main > News

Category: News

14Jan2021
Cyprus: UBO Register Is in Effect
By adminin News

Cyprus: UBO Register Is in Effect

Based on the Decision of the Council of Ministers and the Registrar of Companies for the Registration of Real Beneficiaries of companies and other legal entities In the context of…

24Nov2020
Cyprus Announces Further VAT Payment Flexibility for all Companies
By Laura Deanein News

Cyprus Announces Further VAT Payment Flexibility for all Companies

Cyprus’s tax agency has released a number of statements regarding further value-added tax payment concessions for companies and those in the tourism sector financially impacted by the COVID-19 pandemic. Previously,…

21Nov2020
Greece Blames Pandemic for Almost 50% Decline in Golden Visa Applications
By Laura Deanein News

Greece Blames Pandemic for Almost 50% Decline in Golden Visa Applications

Greece’s golden visa scheme, which provides five-year residency in exchange for investment, has issued 46% fewer residence permits this financial year. Despite pressure from the European Commission, the Greek government…

15Oct2020
The Named and Shamed from the Cyprus Papers Leak
By Laura Deanein News

The Named and Shamed from the Cyprus Papers Leak

A recent investigation from Al Jazeera into Cyprus revealed a plethora of leaked government documents, uncovering that Cyprus has sold dozens of passports to foreigners linked to crime. What the…

13Oct2020
OECD Countries Fail to Reach Tax Agreement for Digital Multinationals
By Laura Deanein News

OECD Countries Fail to Reach Tax Agreement for Digital Multinationals

Earlier this week, 137 OECD member countries were unable to reach an agreement on the taxation of large digital companies before the end of 2020, a deadline set by the…

13Oct2020
China Experienced Growth in Foreign Trade Last Month
By Laura Deanein News

China Experienced Growth in Foreign Trade Last Month

China’s foreign trade continued to accelerate in September, confirming the rapid recovery of the world’s second largest economy, the first country to detect cases of the new coronavirus, but also…

28Sep2020
Details of the Cyprus & Russia Cross-Border Interest Hike
By Laura Deanein News

Details of the Cyprus & Russia Cross-Border Interest Hike

Russia’s Ministry of Finance has announced that it signed a Protocol to amend its double tax agreement with Cyprus earlier this month. The Protocol will increase the withholding tax at…

28Sep2020
UK to Start Charging Interest On Overdue Digital Services Tax (DST)
By Laura Deanein News

UK to Start Charging Interest On Overdue Digital Services Tax (DST)

Earlier this month, the UK Government have a number of upcoming meetings to discuss The Taxes (Interest Rate) (Amendment No. 2) Regulations 2020, which will enable the HMRC to collect…

11Sep2020
Cyprus’ Answer to Economic Challenges is Making Business Easier to do on the Island
By adminin News

Cyprus’ Answer to Economic Challenges is Making Business Easier to do on the Island

Foreign investments might help Cyprus to overcome economic difficulties caused by the COVID-19 pandemic and adverse legislation moves on the Cyprus tax system. Historically, Cyprus is dragging its feet in…

10Sep2020
UK: The Popularity of New Visas for Overseas Business Owners is Gaining Momentum
By adminin News

UK: The Popularity of New Visas for Overseas Business Owners is Gaining Momentum

The UK government has introduced a new type of UK visa – the Representative of an Overseas Business visa. The new UK visa allows senior management of overseas businesses to…

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