CYAUSE Articles

Details of a Cyprus insurance broker

An insurance broker is a Company who is acting on the best interest of the consumers and who is licensed to offer various insurance products and services by multiple insurance companies.  An insurance broker unlike an insurance agent, is not keen to represent one specific insurance company but rather assess the needs of the consumer and present to them the best product for their needs. The insurance broker has also the capacity to make comparisons between multiple insurance products and services across various insurance companies.

As a business owner, ensuring you have competent and reliable accountants is crucial for the smooth operation and financial health of your company. Today, we'll share some comprehensive tips to help you determine whether you have top-notch accountants or if it might be time to consider making a change.

In May 2021, our family embarked on a new chapter by relocating to Cyprus—a decision influenced by multiple factors including the desire for a fresh family experience, financial considerations, and a yearning for a slower pace of life. Given that both my partner Roman and I work remotely and hold a Portuguese passport, which I secured in April 2021, we had the flexibility to move to any country within Europe. Ultimately, we chose Cyprus.

Cyprus Insurance Brokers

As you all may know, an insurance broker is an individual or a company with the role of an intermediary who sells, solicits or negotiates insurance on behalf of a client for compensation.

For more information on the Insurance brokers licence and what process is followed to obtain it, read this article.

Ever wondered what audit options in financial statements mean? This video breaks them down clearly, from clean opinions to qualified ones, helping you understand their importance and impact.

Whether you are a business owner or just curious, this guide simplifies financial auditing for everyone! 

In recent years, cryptocurrencies have gained significant popularity, and with that comes the need for clarity on how they are taxed. At CYAUSE Audit Services, we have dedicated extensive resources to understanding the intricacies of cryptocurrency taxation in Cyprus. Our team has obtained crucial tax rulings and information from local experts to provide you with the most accurate and up-to-date guidance. Below, we offer a detailed overview of how cryptocurrencies are taxed in Cyprus and the implications for both individuals and companies.

Cyprus has been an EU member since 2004 and over the years it has developed and upgraded new laws and regulations in accordance to the EU standards. One major addition to the Cyprus immigration law, which has more mobility the last 3 years in Cyprus (after the pandemic), is the relocation of EU citizens in Cyprus mostly for business opportunities.

Thinking of relocating to Cyprus?

This video dives into why it is an attractive destination for individuals and businesses, from skilled professionals and low taxes to cost-effective living and a welcoming atmosphere. Find out if Cyprus is the right fit for you!

Cyprus Tax Incentives for HNWIs (High Net Worth Individuals)

In a nutshell, such a person can enjoy tax free dividends across the globe by staying in Cyprus for only 60 days and becoming a Cyprus Tax Resident. Like all tax incentives certain requirements and restrictions apply as follows:

Have you ever considered retiring to the Mediterranean and living in Cyprus? If you're contemplating a move to a new country, Cyprus stands out as a potential new home, offering a high quality of life, a warm climate, and a rich cultural tapestry. However, before you take the plunge, it’s important to understand the realities of living in Cyprus. This article will provide you with a comprehensive overview of what life on this stunning island is truly like.