It is our great pleasure to announce that our partner Dr Charis Savvides has been invited to join the Expert Panel of the European Blockchain Observatory and Forum. The European Blockchain Observatory and Forum is a European Commission initiative to accelerate blockchain innovation and the development of the blockchain ecosystem within the EU and in that manner […]
THE LEGAL CHALLENGES OF THE ADMINISTRATION The Cyprus Investment Program seemed problematic from the beginning and even the amendments could not save and protect the abuse of the Program. The Cyprus Government decided to terminate the Program with final submission date the 30th of October 2020 after amending the Law regulating the Citizenship by Investment […]
Duvieusart Ebel, Avocats Associés has been invited by Wolfs Advocaten (NL), another active IR Global fellow member, to assist one of their US clients, a global operating firm, on a charitable sales promotion developed in multiple countries, including the Netherlands, Belgium and Luxembourg. Duvieusart Ebel reviewed the commercial aspect of the advertising campaign under Luxembourg […]
The significant progress achieved in the Cyprus investment funds industry is expected to be further boosted, thanks to the additional flexibility and competitiveness recently brought forward in the alternative investment fund (AIF) structures and the “Mini Manager” regime. In this presentation, our Law Firm outlines the key characteristics of the AIF structures, including certain benefits […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Gilad Barone of Barone & Co. Gilad has joined IR as our exclusive Tax (Law) Member in Israel. Barone & Co., Attorneys at Law, is one of Israel’s leading boutique law firms and specializes in the various aspects of commercial law with […]
I. Teleworking In accordance with the Royal Decree-Act, distance working is defined as carrying out a professional activity outside the company’s usual premises or centre, for all or part of the day and on a regular basis. The regular nature of distance working necessarily requires that, in a reference period of three months, a minimum […]
CYPRUS AND RUSSIA AGREE ON A PROTOCOL TO AMEND THE DOUBLE TAX TREATY BETWEEN THEM AS FROM 1ST JANUARY 2021 The agreement was concluded on the 10th of August 2020, between the Cypriot Finance Minister Mr Constantinos Petridis and the Russian Deputy Prime Minister Mr Alexei Overchuk. The two main changes increase the withholding tax […]
In the context of the crisis related to COVID-19, a draft law relating to the postponement of tax reporting deadlines under DAC6, CRS and FATCA was filed with the Luxembourg Chamber of Deputies (bill number 7625, hereafter referred to as “the Bill”) on 6 July 2020. The Bill followed the Council of the European Union’s […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Hiroyuki Kimura of Yodoyabashi & Yamagami LPC. Hiroyuki has joined IR as our exclusive Tax (Law) member in Japan. Yodoyabashi & Yamagami LPC is highly acclaimed and trusted by diverse clients from various industries for its renowned professionals leading each major area […]
Macroeconomic strength, attractive regimes for investors, legal security and modern infrastructure are some of the reasons why Uruguay is rated as an excellent destination for investments. Main reasons for choosing Uruguay as an investment destination: Political, legal and social stability. Macroeconomic soundness. Favorable business climate and tax incentives for the investor. Consolidated democratic system, maintaining […]
At Carlos Picos Consultora we are specialists in the creation and administration of Uruguayan Companies. The Societies Uruguayas can be acquired by both residents and non – residents in Uruguay, generating significant benefits to the latter since Uruguay applies the principle of territoriality of the source, so that the activity generated abroad and the profits obtained are not […]
On 22 July 2020, the State of Duma in Moscow adopted, in the third and final reading, a new legislation about Digital Financial Assets (DFAs), Digital Currency and Amendments to certain legislative acts of the Russian Federation. According to the new law, “cryptocurrency” is defined as a set of e-data in an information system, which […]