Tax Strategy for individuals & Companies Tax Strategy for individuals & Companies Kyriakos Tramountanellis x / Friday, July 15, 2022 0 85 Article rating: No rating In this article we are exploring several ways to optimize your Tax Strategy. Whether a Stand-Alone Business, a Group, or a High Net Worth Individual (HNWI). Read more
CYAUSE Plan for Cyprus on how to recover Covid-19 Crisis CYAUSE Plan for Cyprus on how to recover Covid-19 Crisis Kyriakos Tramountanellis x / Tuesday, July 12, 2022 0 69 Article rating: No rating In this short article we are explaining how Cyprus economy can recover Covid-19 crisis. Read more
Procedure for Trading in Cyprus Procedure for Trading in Cyprus Kyriakos Tramountanellis x / Tuesday, July 12, 2022 0 74 Article rating: No rating There are two ways you can trade in Cyprus; as a physical person or as a Company. Each option has its own distinct characteristics, tax benefits and different legal protection however you can if you decide to trade in these simple steps Read more
SME - Innovation Vouchers Programme Budget up to €1.7M SME - Innovation Vouchers Programme Budget up to €1.7M Kyriakos Tramountanellis x / Monday, July 11, 2022 0 65 Article rating: No rating The Research and Innovation Foundation (RIF) announced the new Call for Proposals of the «Innovation Vouchers» Programme, the budget is up to €1.7M Read more
Cyprus Funds Cyprus Funds Kyriakos Tramountanellis x / Friday, June 24, 2022 0 81 Article rating: No rating Cyprus Funds, a detailed analysis of why is so Popular in Cyprus. Read more
Cyprus Tax Trends - What is attractive for overseas companies right now (overview) Share Written By Kyriakos Tramountanellis Tags cifsenterpreneursfintectfundshnwisimigrationshippingsolopreneursstart upstechnologyvisa 2021-10-03 Recent Tax Trends We summarise below the profiles of the latest companies which relocate to Cyprus with the associated benefits Technology Companies - taking advantage of the 2.5% Corporation Tax that applies to them (IP Box Regime) Head Quartering - companies relocating their employees enjoying significant payroll tax savings including very low tax deductions for senior staff and one of the highest tax free payroll amounts in Europe coupled with a relatively low social security system. Companies from 3rd countries - relocating to Cyprus enjoying simplified visa requirements (and new tax schemes currently in the process of been voted) High Net Worth Individuals - enjoying worldwide tax free dividends and high quality lifestyle Solopreneurs - individuals working from their laptops at our beautiful beachfronts Shipping Companies - enjoying taxation based on the net tonnage system which results to significantly low taxes Investment Firms & Funds - enjoying tax free disposal of securities and tax benefit form capital introduced resulting to less than 2.5% corporation tax Film Production Companies - enjoying a cash or tax rebate of up to 35% Double Tax Avoidance This trend is also reinforced by Cyprus' strong double tax treaty with 65 countries which ensure that individuals, shareholders and corporations will not be tax twice; in their homeland and Cyprus. CYAUSE Audit Services Ltd CYAUSE Audit Services Ltd is performing Statutory and Internal Audit Engagements on a daily basis as this is our core, day to day business. Whether an investment firm regulated by the Cyprus Securities and Exchange Commissions (CySEC) or a limited by shares company we can perform the internal audit engagement tailored to your needs with ultimate purpose to add value to your organisation. CYAUSE Audit Services is an Audit & Assurance firm with offices in Nicosia and Limassol. During 2015 we have been awarded by I.C.P.A.C and the A.C.C.A (local and international association of Chartered Certified Accountants) for the Quality of our Audit Services and our Office's Procedures. Being a Truly International Audit & Assurance firm, we have associates from all over the world and we are constantly looking for new associates to expand our network further. At present, CYAUSE Audit Services operates internationally as Accace Circle, a co-created business community of like-minded BPO providers and advisors who deliver outstanding services with elevated customer experience. Covering almost 40 jurisdictions with over 2 000 professionals, we support more than 10 000 customers, mostly mid-size and international Fortune 500 companies from various sectors, and process at least 170 000 payslips globally. CYAUSE Audit Services Ltd is also member of the 3E Accounting Network, an international accounting network which originates from Hong Kong and has more than 80 members from all over the world. If you would like us to assist you with an internal or external audit engagement please contact us at kt@cyprusaccountants.com.cy or call us at +357 22 336 321. Information about CYAUSE Audit Services and the Cyprus Corporate & Tax System can be obtained from our Website or our YouTube channel which provides valuable information about the Corporate & Tax Environment of Cyprus.