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For many companies, especially those operating internationally, fiduciary services play an important role in maintaining structure, governance, and professional oversight. These services help businesses manage responsibilities with care, confidentiality, and compliance, while supporting smoother administration and long-term stability. What Are Fiduciary Services? Fiduciary services generally involve a trusted professional or…

As a company grows, its operations become more complex. New shareholders, directors, contracts, filings, reporting duties, and regulatory requirements can quickly create pressure on internal teams. Corporate administration helps businesses stay organized, compliant, and prepared for long-term success. What Corporate Administration Means Corporate administration covers the ongoing management of a…

Choosing between Cyprus and the UAE is not simply about selecting a location. It is about matching your structure, market ambitions, tax position, and growth plans with the jurisdiction that best supports them. Both destinations offer advantages, but the right choice depends on what your company needs today and where…

Cyprus strikes a deal on Double Tax Treaty with Russian Government The Republic of Cyprus and Russia had entered into a Double Tax Treaty (DTT) in 1998 in a joint effort to avoid the double taxing of income and capital generated in Cyprus, in order to promote the economic cooperation…

With a publication in the Official Gazette of the Republic of Cyprus, on 19.07.2013, the Law on Registration of Doctors (Amended) of 2013 (Law 73 (I) / 2013) (hereinafter “the Law”) was issued. The Law provides for the establishment of Medical Companies and establishes the legal framework for the establishment,…

The Cyprus Tax Department released on 23 December 2019 the Interpretative Circular 240 (VAT Tax), referring to the registration, in the VAT Registry, of Cypriot companies which operate in the business sector of leasing pleasure yachts (recreational boats) in Cyprus. The aforementioned Circular applies to leases commencing from 23 December 2019 and after,…

The Cypriot government introduced the citizenship by investment programme as an initiative to attractforeign investment. The programme gives foreigners the opportunity to obtain full Cypriot citizenshipthrough various investment opportunities in Cyprus and consequently, the right to live, work and study inall 28 European Union countries. Specifically, the government decision calls…

Σύμφωνα με τον πρόεδρο της Δημοκρατίας Νίκο Αναστασιάδη, όλες οι επιχειρήσεις λιανικού εμπορίου θα αναστείλουν τις εργασίες τους, πλην των επιχειρήσεων που θα περιλαμβάνονται σε σχετικό Διάταγμα που θα εκδοθεί από τον Υπουργό Υγείας. Aναστέλλεται η λειτουργία όλων των επιχειρήσεων λιανικού εμπορίου με εξαίρεση: • Τις επιχειρήσεις και εργαστήρια αναπηρικών…

Στα πλαίσια των μέτρων που λαμβάνει η κυβέρνηση για στήριξη των εταιρειών/επιχειρήσεων που επηρεάζονται από τα περιοριστικά μέτρα που έχουν επιβληθεί για τον περιορισμό της εξάπλωσης του Κορωνοϊού, το Τμήμα Εφόρου Εταιρειών ανακοινώνει τα εξής: 4η εκστρατεία συμμόρφωσης των εταιρειών για καταχώριση οφειλόμενων ετήσιων εκθέσεων: Αναστέλλεται η διαδικασία δημοσίευσης στην Επίσημη…

Extension of the deadline for the submission of VAT returns until 30/04/2020 (applicable for businesses with turnover of less than €1 million in the preceding 12 months); Extension of the deadline for the payment of VAT due (applicable for businesses with turnover of less than €1 million in the preceding…