Monthly Archives: April 2015

Exemption of Cyprus from the payment of 26% tax for trade with Greece

According to the decision of the Greek Deputy Finance Minister Ms. Nadia Valavani until 31.08.2015 will continue to apply the existing regime for trade with Greece, without the imposition of any taxes on transactions. It has already been posted on … Continue reading

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Cyprus passed foreclosures bill

Lawmakers in Cyprus on Saturday 18 April, approved legislation governing foreclosures, paving the way for the bailed-out island to join the European Central Bank’s sovereign bond-buying programme. In a majority vote, the Cypriot parliament approved an insolvency framework for private … Continue reading

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INCORPORATING A COMPANY IN UK

The United Kingdom is the easiest and least expensive jurisdiction to incorporate limited liability companies. This leads many businesses to establish a UK company to carry on their activities. The reasons the business world is choosing this jurisdiction is because … Continue reading

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Cyprus company: Tax and other Issues

SUMMARY Cyprus is a part of the European Union since 2004 and is the third largest island of the Mediterranean, is situated at the crossroads of three continents Europe, Asia and Africa. The law under which business takes place is … Continue reading

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