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Cyprus Insurance brokers' license - Useful information and requirements for EU Passporting Cyprus Insurance brokers' license - Useful information and requirements for EU Passporting

Cyprus Insurance brokers' license - Useful information and requirements for EU Passporting

Requirements to obtain an insurance brokers license in Cyprus

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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.

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Are Your Accountants Up to Standard or Do You Have Poor Accountants? Are Your Accountants Up to Standard or Do You Have Poor Accountants?

Are Your Accountants Up to Standard or Do You Have Poor Accountants?

Traits of great accountants / accounting and audit firms

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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.

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FAQs from our Non Dom Applicants FAQs from our Non Dom Applicants

FAQs from our Non Dom Applicants

Non domiciled enables investors / shareholders to worldwide tax free dividend income

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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:

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Examples of Dividend and Deemed Dividend Distributions from a Cyprus Company. Examples of Dividend and Deemed Dividend Distributions from a Cyprus Company.

Examples of Dividend and Deemed Dividend Distributions from a Cyprus Company.

Dividend distribution tax affects differently the shareholders depending on whether they are Cyprus nationals, physical or legal persons. Timing of the dividend distribution also plays a major role on the actual taxes paid.

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At CYAUSE Audit Services Ltd, we aim to provide our clients with clear and concise information about their tax obligations. One critical area that often confuses many is the dividend tax, especially regarding
profits retained in a company. Below, we outline a scenario to illustrate how dividend tax works in Cyprus and the implications for business owners.

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Video: Cyprus Funding Subsidies for Cyprus Companies - Financial Aid Explained Video: Cyprus Funding Subsidies for Cyprus Companies - Financial Aid Explained

Video: Cyprus Funding Subsidies for Cyprus Companies - Financial Aid Explained

In this short video we analyse the subsidies / financial assistance Cyprus companies can enjoy. Cyprus being an EU member can offer to its local companies EU financial assistance programs as well as local funding programs; the latter are very popular as the application process is ssimple and the funds can be obtain within 6 - 12 months from applying.

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