Definitions AIF Types AIF with Unlimited number of persons (AIF-UNP) AIF with Limited number of persons (AIF-LNP) AIF with Unlimited number of persons (AIF-UNP) AIF with Limited number of persons (AIF-LNP) An AIF-LNP cannot have assets under management that exceed the AIFMD thresholds of €100 million (including leverage) or €500 million […]
Continue ReadingThe Council of Ministers Decision dated 19th March 2014 established the financial criteria based on which non – Cypriot entrepreneurs / investors may acquire the Cypriot citizenship through the “Scheme for Naturalization of non-Cypriot Investors by exception”. Importantly the above Minister’s decision also sets the legal framework for granting the Cypriot citizenship to the spouse […]
Continue ReadingCyprus is a jurisdiction traditionally used by international companies and investors for structuring in a cost efficient manner their worldwide investments Why Cyprus During the last decades, Cyprus established itself as a business hub, offering a unique European base for international business companies. Despite the March 2013 events with the local banks bail-in, Cyprus […]
Continue ReadingThrough proper structuring and by efficiently utilizing the benefits of the Cyprus Tax system[1], the use of a Cyprus Company can significantly improve the profit margin of entities operating in or through Greece. Specific types of businesses can especially benefit by employing a Cyprus Company: Service Companies: There is a wide range of services […]
Continue ReadingTime Frame The formation and registration procedure normally takes eight to twelve working days. It usually takes two to three days to obtain approval for the company name and another five to eight days are needed from the submission of the required forms and documents to the Registrar of Companies. The exact time frame depends […]
Continue ReadingCompany Name Every company needs to have a unique name. An application requesting the approval of the name of the company is submitted to the Registrar of Companies. It is advisable that at least three options are given to the Registrar of Companies to prevent rejection by the Registrar, in the event that the […]
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