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IP-intensive companies and R&D activities are key drivers of growth and employment globally. To attract such companies in Cyprus, on October 2016, the Cypriot laws governing the application of the Cypriot intellectual property regime (the IP box regime) have been modernised and amended
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Non-domiciled Cyprus tax resident individuals may be exempt from taxation in Cyprus on their worldwide income from dividends, capital gains, interest and rent (foreign taxes may apply). In light of the shifting international tax landscape and the challenges ahead, businesses and HNWI are focusing on streamlining their operations, asset base and tax residency, cautiously considering […]
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In July 2014 the House of Representatives approved the enactment of the Alternative Investment Funds Law of 2014 (the “AIF Law”). The AIF Law aligns the Cypriot Investment Funds legal framework with the recent developments in the EU, particularly with the EU Alternative Investment Fund Managers Directive (the “AIFM Directive”), in conjunction with the Alternative […]
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Cyprus combines mild and sunny Mediterranean weather with a distinctly European lifestyle at a comfortable pace, due to the short distances from coast to coast.
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There are many ways that you can benefit from Cyprus citizenship. Apart from feeling truly at home on this beautiful island and enjoying all the rights that accompany full citizenship status, a few salient points always stand out. Most of them are a result of Cyprus’s membership of the European Union.
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Introduction Cyprus has been a full member of the European Union since 2004 and a member of the Eurozone since 2008. The geographic position of Cyprus, connecting Europe to Africa, the Middle East and Asia has for centuries made the island a hub for business and trade.
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Under Cyprus tax legislation, Cyprus tax resident individuals are taxed on all chargeable income accrued or derived from all sources in Cyprus and abroad. An individual who is not a tax resident in Cyprus, is taxed on income accruing or arising only from sources within the Republic. Foreign taxes paid can be credited against the […]
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