Cyprus Tax Trends - What is attractive for overseas companies right now (overview) Cyprus Tax Trends - What is attractive for overseas companies right now (overview) Anonym / Sunday, October 3, 2021 0 56 Article rating: No rating We summarise below the profiles of the latest companies which relocate to Cyprus with the associated benefits Read more
PROSPECT CLIENT ENQUIRIES - Needs assistance with UK Company and Xero migration PROSPECT CLIENT ENQUIRIES - Needs assistance with UK Company and Xero migration Anonym / Friday, October 1, 2021 0 91 Article rating: No rating Dear Sir or Madam, Read more
Young Entrepreneurship Funding Program - Up to 70% subsidy for new businesses Young Entrepreneurship Funding Program - Up to 70% subsidy for new businesses Anonym / Thursday, September 30, 2021 0 58 Article rating: No rating Young Entrepreneurship Funding Program Up to 70% Subsidy on Costs Read more
Are you letting your villa in Cyprus? What about VAT! Are you declaring your sales via the Cyprus VAT system? If not then this article is for you. Are you letting your villa in Cyprus? What about VAT! Are you declaring your sales via the Cyprus VAT system? If not then this article is for you. Anonym / Thursday, September 23, 2021 0 51 Article rating: No rating All Cyprus property owners who let their villas and exceed the VAT threshold of Euro 15,600 must be VAT registered and start charging VAT. The applicable VAT rate is usually 9% however this must be confirmed by your accountant vat expert as the entire arrangement with the property management company must also be examined before determining the correct applicable VAT rates. Read more
Transfer Pricing Country Profiles by the OECD - Last updated: 3 August 2021 Transfer Pricing Country Profiles by the OECD - Last updated: 3 August 2021 Anonym / Sunday, August 22, 2021 0 63 Article rating: No rating Read the information from OECD directly by clicking this link Read more
Incorporate in the Middle East or EU? Some Considerations Share Written By CYAUSE LTD Tags abu dhabiAEDcompaniescorporation taxDubaidubai taxfree lancefree zonesfreelancermainlandoffshoreonshorereduce taxationtaxuaeuae taxvat\ 2023-12-30 Dear Friends, Clients and Colleagues, We are writing to inform you that we can now service our existing and new clients in the Middle East and the United Arab Emirates. Our team of experts can meet you at our offices in Dubai or Abu Dhabi to discuss your needs. Important Note: In our capacity as tax experts, CYAUSE Audit Services opinion is that the Middle East is not for everyone. Like all tax planning solutions, each solutions must be tailored to the needs of the applicant / business. Not only is the Middle East Expensive but also fully compliant with EU & International AML, Compliance & Reporting requirements, including: substance requirements local taxation* accounting record keeping audit - depending on the company type Consequently, other EU financial centres such as Cyprus or Malta or even Ireland are better suited for smaller operations or even bigger operations which do not have any serious commercial reasons to incorporate in the Middle East other than to save taxes, as this is no longer the case. Our Services in the Middle East include: - Accounting, Audit and Tax Services* - Company Formation (usually free zone) - Banking Services - Support Services - See full spectrum of services Feel free to pass our details to anyone in need of a tax free 3rd Country (non EU) jurisdiction. Want to learn more? Click this link Communicate Directly As always, feel free to enquire directly with me at kt@cyprusaccountants.com.cy or call me on +357 99 42 85 43. * Middle East Tax Certain conditions apply for taxes and vat depending on the trade, activities and the timing of the tax enforcement. *UAE Tax UAE Tax has been introduced for the years commencing in mid year 2024 if the Company provides services within the UAE. Most companies are created to service clients outside the UAE hence this tax does not apply. But this must be confirmed as the UAE Taxation is progressive.