by Corpera Ltd | Jan 24, 2020 | Uncategorized
A new Double Tax Treaty (DTT) was signed between Cyprus and Kazakhstan , which was previously ratified by Cyprus in May 2019. The DTT will have full effect on the 1st of January 2021. The Treaty is based on the OECD Model Convention and thus incorporates the latest...
by Corpera Ltd | Jan 18, 2020 | News, Uncategorized
Following the latest amendment of the Immigration Law, Cap. 105, which took place on the 6.12.2019, the Cyprus Migration Department has made some changes regarding the regulation for bank guarantees for work permits and based on the new regulation, the requirement for...
by Corpera Ltd | Nov 13, 2019 | Uncategorized
Following recent amendments to the Cyprus Companies Law, Cap. 113 (“the Law”), the Registrar of Companies will impose administrative penalties on certain filings submitted after the prescribed time frames as provided by the Law. The imposition of the administrative...
by Corpera Ltd | Oct 7, 2019 | Uncategorized
As we have reported back in February 2019 some important amendments to the Cyprus Companies’ Law were introduced in December 2018, with some of the measures (such as the abolition of Capital Duty) taking immediate effect, whereas some others coming in to effect later...
by Corpera Ltd | Sep 10, 2019 | Uncategorized
A. Introduction A Tax Treaty (TT), in general terms, is an agreement between two or more jurisdictions that regulates the tax amount that an individual or a company must pay, so they are not taxed twice...
by Corpera Ltd | Aug 2, 2019 | Uncategorized
A. INTRODUCTION As from 28.7.2006, the Companies Law Cap.113 (the “Law”) has been amended and the re-domiciliation of foreign companies to Cyprus is permitted, as per the provisions of the Law. Foreign companies that are established and operating abroad that consider...