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In our last article on Economic Substance, we discussed the role of substance in tax planning and how this has become increasingly significant in the global economy. With many companies establishing a presence in Cyprus to benefit from the island’s favourable double taxation treaties, it is of paramount importance to demonstrate that management and control…
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This is part II of a two-part series of articles discussing the economic measures proposed by the EU and Cyprus in response to COVID-19. This material was also presented as part of CX Financia’s participation in the June 4th webinar “Global Tax Post COVID-19” organized by Tax India Online (TIOL).” COVID-19’s economic impact on Europe…
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This is part I of a two-part series of articles discussing the economic measures proposed by the EU and Cyprus in response to COVID-19. This material was also presented as part of CX Financia’s participation in the June 4th webinar “Global Tax Post COVID-19” organized by Tax India Online (TIOL).” Big bad COVID-19 has led…
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In a post-COVID-19 world, the global economy is set to undergo a transformative makeover in all aspects, including taxation. In fact, recent developments in the areas of International Taxation, transfer pricing, digital taxation and even VAT on cross-border supplies have certainly demonstrated the extent of these changes. On June 4th, Tax India Online (TIOL) held…
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Cx Financia participated in a short questionnaire survey to businessmen and professionals in the UK and Cyprus, contacted by the Cyprus – UK Business Association, asking them to give their feedback about the problems they face, new measures needed to be announced by the government and how they plan to face the current economic crisis. In…
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In its efforts to remain in full compliance with the European framework for tackling money laundering and terrorist financing, the Republic of Cyprus is constantly implementing changes to its local laws, in order to ensure alignment with EU Directives and Regulations. One of the fundamental pillars of the Cypriot economy is the financial services and…
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Members of the Cyprus Investment Funds Association (CIFA). Registered Service Provider for the Cyprus Investment Program. Member of the Cyprus-India Association. Our team are Certified Persons in the Public Register of the Cyprus Securities and Exchange Commission (CySEC) and members of ICPAC