CYAUSE Articles

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:

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!

In Cyprus, there are two primary methods for closing down a limited by shares company: the Strike Off Process and the Liquidation Process. In this short quide we examine the main differences of the two and the future implications to the tax payer.

The article intends to provide knowledge to the average reader in a summarised and simplified manner regarding the Company's Director's responsibilities.

In our previous Article Opening a Bank Account in Cyprus we have explained the procedure and the documentation needed to open a bank account in Cyprus, below we are providing 6 tips to make the procedure easier and to avoid common mistakes.