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.

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! 

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!

The role of a Data Protection Officer (DPO) was first introduced by the General Data Protection Regulation (GDPR) (Regulation (EU) 2016/679), which was adopted on April 27, 2016, and came into effect on May 25, 2018.

This article provides a brief overview of the DPO’s role, key duties and its responsibilities under Cyprus law.

What is the General Data Protection Regulation, commonly known as the GDPR?

The GDPR is a comprehensive data privacy law enacted by the European Union (EU). It aims to protect the personal data and privacy of individuals within the EU and the European Economic Area (EEA) by setting strict rules on how organizations collect, process, store, and share personal data. 

The GDPR grants individuals greater control over their data, including rights such as access, rectification, and deletion (the “right to be forgotten”).

How to use FinHub to find the Right Cyprus Lawyers and Accountants for your business.

If you are reading this article, then you are at the right place! Our service is free, fast and easy and intuitive. Just follow the tabs and without knowing the process will be over.

Finhub is a free quotation engine for professional services.

Cyprus is a popular business hub, known for its attractive tax system, strategic location, business friendly regulatory environment, offering numerous advantages for entrepreneurs and investors looking to establish a company. 

This article outlines the process of incorporating a company in Cyprus, the time it takes, the steps to incorporate a company in Cyprus, the required information and documentation, the role and use of the nominee directors, secretaries and shareholders, and the benefits of doing business in Cyprus!