During the 54th annual meeting of the Institute of Certified Public Accountants that took place on July 1st, the president of the Republic of Cyprus Mr. Nicos Anastasiades announced his Government’s tax reform plans. Eight days later, on the 9th of July, the Cyprus House of Representatives approved some of these tax reforms. The rest of the […]
Continue ReadingΈνεκα των δυσκολιών που αντιμετωπίζει ο ελληνικός επιχειρηματικός κόσμος ως συνεπακόλουθο της συνεχιζόμενης επιδείνωσης του οικονομικού κλίματος στην Ελλάδα, ολοένα αυξανόμενος αριθμός ελληνικών επιχειρήσεων προχωρεί στη διερεύνηση λύσεων οι οποίες θα τους απεγκλωβίζουν μεν από τα αυξανόμενα προβλήματα χρηματοδότησης, την έντονη οικονομική και φορολογική αβεβαιότητα καθώς και το δύσκαμπτο επιχειρηματικό περιβάλλον αλλά ταυτόχρονα θα τους […]
Continue ReadingDefinitions 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 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 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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