News & Articles

Temporary Residence Permit In Cyprus For Visitors

Thanks to its mild Mediterranean climate, multilingual environment, and strategically important geographical location, Cyprus is an exceptionally attractive place for living and doing business. For those wishing to extend their stay on the island, there is an opportunity to obtain temporary residence. Preconditions for Obtaining Temporary Residence Permit According to Regulation No. 14 on “Aliens and …

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Starting a Company Remotely Abroad: Russian Entrepreneur’ Path to Global Market

In today’s world of modern technology and global markets, an increasing number of entrepreneurs are contemplating the feasibility of remotely establishing a company abroad. For Russian entrepreneurs, this represents a complex yet highly promising endeavour. Setting up a company abroad offers the potential to extend your global presence, alleviate tax obligations, and explore expanded investment …

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Cyprus Company Formation: A Tax-friendly European Jurisdiction

Cyprus, a European jurisdiction, has gained popularity as a favourable destination for company registration and incorporation. Its strategic location, robust legal framework, and tax incentives make it an advantageous vehicle for international tax planning. In this article, we will outline the key services and benefits of incorporating a company in Cyprus. ADVANTAGES OF CYPRUS COMPANY …

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Substance Requirements

Aligning Taxation with Activity To combat harmful tax regimes, the OECD’s BEPS Action Plan emphasizes the need for substantial activity in any preferential regime. The substantial activity requirement forms an integral part of the second pillar of the BEPS project, aimed at ensuring taxable profits are not artificially shifted away from value-creating countries. The OECD …

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Buying a Property in Cyprus

Due Diligence of the Property The conveyance process can be complex, and it is important to work with an advocate to ensure that all the necessary documents are prepared and the proper due diligence for the property is concluded. The purchaser through his legal advisor should request the recent Tittle Deed, recent search Certificate, in …

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