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The law firm of G. Vrikis & Associates LLC would like to inform you that in accordance with the Decree issued by the Council of Ministers regarding the imposition of a fee for the issuance of a tax ruling in late April 2016, the Tax Authorities have now announced further details in relation to the […]
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Introduction A usual occurrence for practicing corporate lawyers, as well as persons involved in the day-to-day running of companies and corporations, is an enquiry from shareholders to the effect whether they can propose the appointment of directors which they think best to act as such.
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Cyprus has been hard at work at expanding its network of Double Tax Treaties, high significant success. As of 2015, Cyprus has concluded three (3) new Doubt Tax Treaties with:
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Trade mark professionals are keenly aware of the two new instruments of the European Union which affect the EU Trade mark landscape, these being the new Directive (EU) 2015/2436 (the “EU Trade Mark Directive”), which has entered into force as of the 13th January 2016, and the Regulation (EU) No 2015/2424 of the European Parliament […]
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A recent practice, marking a change of policy, of the Cyprus Registrar of Companies and Official Receiver (the ‘‘Registrar’’), having being initiated in late 2014, is to send out notices to Cyprus registered companies, informing them of their non-compliance with their obligation under Cyprus Companies Law, Cap. 113,
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Cyprus has been hard at work at expanding its network of Double Tax Treaties, high significant success. As of 2015, Cyprus has concluded three (3) new Doubt Tax Treaties with:
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Update to the Partnerships and Business Names Law, Cap. 116 – The introduction into Cyprus Law of the “Partnership Limited by Shares” The recent amendment to the aforementioned law, by the adoption and enactment of the amending Law 144(I)/2015, introduces to Cyprus Law the notion of the Partnership Limited by Shares (“PLS”).
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The new non domiciled rules were introduced to further entice corporate executives and high net worth individuals (currently entitled to a 50 per cent tax exemption of personal income tax for a five-year period where income exceeds €100.000) to take up residency in Cyprus.
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