Liquidation vs Strike Off of Cyprus Companies - Short Overview Liquidation vs Strike Off of Cyprus Companies - Short Overview Kyriakos Tramountanellis x / Thursday, August 4, 2022 0 112 Article rating: No rating In this Article we are explaining the difference between Liquidation and Strike Off for Cyprus Companies. Read more
Reporting Deadlines for CIFs Reporting Deadlines for CIFs Kyriakos Tramountanellis x / Monday, August 1, 2022 0 71 Article rating: No rating In this article we share the Reporting deadline dates for CIFs. Read more
Cyprus Investment Firms - Class 2 CIFs - Changes on Capital Adequacy Reports Cyprus Investment Firms - Class 2 CIFs - Changes on Capital Adequacy Reports Kyriakos Tramountanellis x / Monday, August 1, 2022 0 85 Article rating: No rating This article should be read in conjunction with the article "Cyprus Investment Firms - Changes to Capital Requirements and Reporting". Read more
6 Tips for a Successful Bank Account Opening Application 6 Tips for a Successful Bank Account Opening Application Kyriakos Tramountanellis x / Thursday, July 28, 2022 0 102 Article rating: No rating 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. Read more
Cyprus Payroll - With Examples Cyprus Payroll - With Examples Kyriakos Tramountanellis x / Tuesday, July 19, 2022 0 244 Article rating: No rating Cyprus has an attractive payroll system with payroll tax consisting of PAYE tax (Pay As You Earn), Social Security Tax, and National Healthcare Tax (GESY). 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.