Cyprus an International Business Center in Europe Cyprus an International Business Center in Europe Kyriakos Tramountanellis x / Tuesday, March 29, 2022 0 98 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 66 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
Clarifications about sanctioned persons and Cyprus response to persons from Russia and Belarus Share Written By CYAUSE LTD Tags Cyprus response sanctionsCyprus sanctionsembarcoFAQsqueriesrussiasanctionssanctionscomplianceukraineukraine and russian 2022-04-19 Just released by our regulator, ICPAK Extract The Institute of Certified Public Accountants of Cyprus with the current Circular presents its members with a number of clarifications on derogations and common questions in relation to the EU Sanctions imposed against Russia and Belarus. The clarifications have been obtained through the Q&A provided by the European Commission as well as responses obtained through the specialized working group established by the government to deal with the coordination and the process of implementation of the financial sanctions. The questions are listed below with the answers as provided by the working group: Q1: Based on European Commission Opinion of 29/8/2019, the provision of services to sanctioned persons/entities could be allowed provided that the service is strictly limited to what is absolutely necessary for the person to continue to exist and strictly limited to essential activities without which the person would not be able to function legally. Could it be inferred that the provision of audit services to sanctioned persons is allowed, especially considering the fact that the Cyprus’s Companies Law does not provide for any exemptions to the statutory audit, requiring that all companies, irrespective of size, undergo a statutory audit? Click the link for the FAQs