CYAUSE Articles

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.

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 this article we will analyse why Cyprus is the most attractive jurisdiction for Company shareholders.

Over the last few years Tax Rulings introduced by the Cyprus Income and VAT Offices are becoming very popular and to be frank serve both; the applicant and the government which receipts a significant amount of funds per application.