For many years, Cyprus has been a popular choice for investors and entrepreneurs seeking a destination for their business ventures. Its location, favourable tax structure, and proficient workforce make it a prime choice for companies seeking to expand their operations. With all these benefits, it’s not surprising that Cyprus is considered the ideal location to […]
The EU list of non-cooperative jurisdictions is a list of countries and territories that the EU considers being non-compliant with international tax standards and transparency. It was first adopted in 2017 as a response to tackle tax avoidance in the EU. Specifically, jurisdictions that do not comply with all three of the following requirements are classified […]
Digital Nomads and their lifestyle have become a trend in recent years, with the pandemic and the lockdowns being among the main factors contributing towards this development. Cyprus is rapidly developing into one of the most popular destinations for digital nomads, and for a good reason. It has some of the most affordable housing options […]
The startup ecosystem of Cyprus. The startup visa and growth sectors in Cyprus.
If you consider starting a business, relocate your business for any reason such as settling a gateway to Europe or Middle East, Cyprus is a destination than can facilitate the growth of your tech startup or other kind of business. A Cyprus company offers numerous advantages for startups to consider the country as their base […]
Intellectual Property Rights Company. Securing the intangible asset and Tax advantages.
IP company in Cyprus. Cyprus combines protection provided by EU and the International Regime of IP protection, after the agreements signed by the Republic of Cyprus. At the same time the tax regime of Cyprus provides important exemptions from the income tax arising from the use of Intellectual Property rights, something that is hard to find in other jurisdictions. […]
Cyprus in the last few years is establishing itself as one of the top investment fund centers in Europe. The Fund management industry is fast becoming one of the most promising sectors of Cyprus economy. The volume of funds and assets under management have shown huge increase, as assets under management have more than tripled […]
Important Cyprus Maritime updates on tonnage tax system by European Commission.
According to the European Commission these support schemes for 5 countries enhance the registration of vessels in the EU and at the same time supporting worldwide competitiveness of the field. The Commission adopted five separate decisions, concerning the introduction of a tonnage tax and seafarer scheme in Estonia, the prolongation of a tonnage tax and […]
Company Formations: A jurisdictional guide to setting up a business
QUESTION ONE – What are the most common structures used when international clients want to form a company in your jurisdiction? Any examples? Cyprus offers an attractive and transparent tax regime, fully compliant with EU, OECD and international laws and regulations. Its main features include one of the lowest corporate income tax rates in the […]
SPL Audit joins IR as the exclusive Company Formations Member in Cyprus
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Andreas Georgiou of SPL Audit. Andreas has joined IR as our exclusive Company Formations Member in Cyprus. SPL Audit (Cyprus) Ltd is an independent professional firm, based in Nicosia, the capital city and financial centre of Cyprus. Their clientele consists of International Business […]
