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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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In light of the shifting international tax landscape and the challenges raised, businesses and HNWI are focusing on streamlining their operations, asset base and tax residency, cautiously considering the jurisdictions that offer them the most optimized and efficient status.
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On the 12th September 2016, the Cyprus Government through the Council of Ministers has revised the criteria for granting the Cypriot citizenship by investment, in an effort to further promote foreign direct investments in Cyprus and align the scheme with the most recent industry requirements and standards.
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he Fidescorp Tax Facts and Figures is an annual publication that provides an overview of the tax system in Cyprus, based on the current tax legislation and practice.
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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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