Cyprus an International Business Center in Europe Cyprus an International Business Center in Europe Kyriakos Tramountanellis x / Tuesday, March 29, 2022 0 97 Article rating: No rating In this article, we provide a summary of the main factors which have contributed to the success of Cyprus as an International Business center. Read more
Opening a Bank Account in Cyprus Opening a Bank Account in Cyprus Kyriakos Tramountanellis x / Tuesday, March 29, 2022 0 107 Article rating: No rating Opening a Bank Account in Cyprus - Procedure 2022. This article informs about the necessary documents and information required for the opening of a bank account in Cyprus or elsewhere. Read more
Cyprus VAT Registration - Explained in Simple words Cyprus VAT Registration - Explained in Simple words Kyriakos Tramountanellis x / Monday, March 28, 2022 0 65 Article rating: No rating 1. The charge for our review of your accounting records every 6 months will be Euro 100 + VAT (in total Euro 200 + VAT for the whole year) Read more
Accounting services Accounting services Kyriakos Tramountanellis x / Monday, March 28, 2022 0 74 Article rating: No rating My name is xxx. I'm looking for an accountant(+law) to work with my company on Cyprus. I already have a registered company(2 years) with an accountant firm working with me, but thinking about replacing it with somebody else. Could you please tell what is your fees for: - Nominee Services (Director, Secretary and Office address) - Final report+audit + 1 interim report - Tax certificate + yearly migration services(visitors visa) Thank you! Read more
Questions for Opening a Branch Questions for Opening a Branch Kyriakos Tramountanellis x / Monday, March 28, 2022 0 74 Article rating: No rating Opening a Branch in Cyprus Questions from a Client 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.